StarGlory Holdings Balance Sheet Health
Financial Health criteria checks 2/6
StarGlory Holdings has a total shareholder equity of HK$-133.2M and total debt of HK$148.5M, which brings its debt-to-equity ratio to -111.5%. Its total assets and total liabilities are HK$54.5M and HK$187.8M respectively.
Key information
-111.5%
Debt to equity ratio
HK$148.55m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$21.23m |
| Equity | -HK$133.22m |
| Total liabilities | HK$187.76m |
| Total assets | HK$54.54m |
Recent financial health updates
Recent updates
Investor Optimism Abounds StarGlory Holdings Company Limited (HKG:8213) But Growth Is Lacking
Oct 14
StarGlory Holdings Company Limited's (HKG:8213) Business Is Yet to Catch Up With Its Share Price
Mar 20Investors Don't See Light At End Of StarGlory Holdings Company Limited's (HKG:8213) Tunnel And Push Stock Down 26%
Jun 27Calculating The Intrinsic Value Of StarGlory Holdings Company Limited (HKG:8213)
Mar 01Financial Position Analysis
Short Term Liabilities: 8213 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8213 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8213 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8213's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 8213 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8213 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.3% per year.