Jin Mi Fang Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Jin Mi Fang Group Holdings has a total shareholder equity of HK$10.0M and total debt of HK$9.0M, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are HK$38.1M and HK$28.1M respectively.
Key information
90.3%
Debt to equity ratio
HK$9.04m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$20.16m |
| Equity | HK$10.02m |
| Total liabilities | HK$28.10m |
| Total assets | HK$38.12m |
Recent financial health updates
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Mar 17Is Royal Catering Group Holdings (HKG:8300) Using Debt In A Risky Way?
Dec 02Is Royal Catering Group Holdings (HKG:8300) Using Debt Sensibly?
Jun 28Recent updates
Is Royal Group Holdings International (HKG:8300) Using Too Much Debt?
Mar 09Is Royal Catering Group Holdings (HKG:8300) Using Debt Sensibly?
Jul 11Is Royal Catering Group Holdings (HKG:8300) Using Too Much Debt?
Mar 17Is Royal Catering Group Holdings (HKG:8300) Using Debt In A Risky Way?
Dec 02Is Royal Catering Group Holdings (HKG:8300) Using Debt Sensibly?
Jun 28A Quick Analysis On Royal Catering Group Holdings' (HKG:8300) CEO Compensation
Dec 24Financial Position Analysis
Short Term Liabilities: 8300's short term assets (HK$25.9M) exceed its short term liabilities (HK$24.8M).
Long Term Liabilities: 8300's short term assets (HK$25.9M) exceed its long term liabilities (HK$3.3M).
Debt to Equity History and Analysis
Debt Level: 8300 has more cash than its total debt.
Reducing Debt: 8300's debt to equity ratio has increased from 8.9% to 90.3% over the past 5 years.
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: 8300 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8300 has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 25.9% each year.