Top Standard Balance Sheet Health
Financial Health criteria checks 1/6
Top Standard has a total shareholder equity of HK$-8.3M and total debt of HK$3.3M, which brings its debt-to-equity ratio to -39.6%. Its total assets and total liabilities are HK$15.5M and HK$23.7M respectively.
Key information
-39.6%
Debt to equity ratio
HK$3.28m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.42m |
| Equity | -HK$8.27m |
| Total liabilities | HK$23.74m |
| Total assets | HK$15.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8510 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8510 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: 8510 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8510's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 8510's debt is well covered by operating cash flow (43.3%).
Interest Coverage: Insufficient data to determine if 8510's interest payments on its debt are well covered by EBIT.