New Amante Group Balance Sheet Health
Financial Health criteria checks 2/6
New Amante Group has a total shareholder equity of HK$-972.0K and total debt of HK$5.7M, which brings its debt-to-equity ratio to -581.5%. Its total assets and total liabilities are HK$50.5M and HK$51.4M respectively.
Key information
-581.5%
Debt to equity ratio
HK$5.65m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$5.67m |
| Equity | -HK$972.00k |
| Total liabilities | HK$51.45m |
| Total assets | HK$50.47m |
Recent financial health updates
No updates
Recent updates
New Amante Group Limited (HKG:8412) Stock's 44% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 05
Slammed 30% New Amante Group Limited (HKG:8412) Screens Well Here But There Might Be A Catch
Mar 12Risks To Shareholder Returns Are Elevated At These Prices For New Amante Group Limited (HKG:8412)
Nov 30Estimating The Fair Value Of New Amante Group Limited (HKG:8412)
Jan 17Financial Position Analysis
Short Term Liabilities: 8412 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8412 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: 8412 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8412'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 8412 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8412 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.7% per year.