Dadi Education Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Dadi Education Holdings has a total shareholder equity of HK$57.2M and total debt of HK$4.2M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are HK$64.7M and HK$7.4M respectively. Dadi Education Holdings's EBIT is HK$11.0K making its interest coverage ratio -0. It has cash and short-term investments of HK$48.5M.
Key information
7.4%
Debt to equity ratio
HK$4.24m
Debt
Interest coverage ratio | -0.007x |
Cash | HK$48.46m |
Equity | HK$57.23m |
Total liabilities | HK$7.45m |
Total assets | HK$64.67m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8417's short term assets (HK$54.8M) exceed its short term liabilities (HK$7.2M).
Long Term Liabilities: 8417's short term assets (HK$54.8M) exceed its long term liabilities (HK$229.0K).
Debt to Equity History and Analysis
Debt Level: 8417 has more cash than its total debt.
Reducing Debt: 8417's debt to equity ratio has increased from 1.2% to 7.4% 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: 8417 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8417 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 34.2% each year