Simplicity Holding Balance Sheet Health
Financial Health criteria checks 4/6
Simplicity Holding has a total shareholder equity of HK$6.5M and total debt of HK$5.8M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are HK$79.3M and HK$72.8M respectively.
Key information
89.9%
Debt to equity ratio
HK$5.81m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$10.78m |
| Equity | HK$6.46m |
| Total liabilities | HK$72.83m |
| Total assets | HK$79.29m |
Recent financial health updates
Recent updates
Simplicity Holding Limited (HKG:8367) Investors Are Less Pessimistic Than Expected
Mar 07
A Look At The Fair Value Of Simplicity Holding Limited (HKG:8367)
Nov 03Simplicity Holding Limited (HKG:8367) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Aug 16Is Simplicity Holding (HKG:8367) Weighed On By Its Debt Load?
Mar 06This Is Why We Think Simplicity Holding Limited's (HKG:8367) CEO Might Get A Pay Rise Approved By Shareholders
Jul 30What We Learned About Simplicity Holding's (HKG:8367) CEO Compensation
Feb 22Financial Position Analysis
Short Term Liabilities: 8367's short term assets (HK$27.6M) do not cover its short term liabilities (HK$57.5M).
Long Term Liabilities: 8367's short term assets (HK$27.6M) exceed its long term liabilities (HK$15.3M).
Debt to Equity History and Analysis
Debt Level: 8367 has more cash than its total debt.
Reducing Debt: 8367's debt to equity ratio has increased from 19% to 89.9% 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: Whilst unprofitable 8367 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8367 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.5% per year.