Ying Hai Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ying Hai Group Holdings has a total shareholder equity of HK$33.7M and total debt of HK$1.7M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are HK$58.8M and HK$25.1M respectively.
Key information
5.1%
Debt to equity ratio
HK$1.72m
Debt
Interest coverage ratio | n/a |
Cash | HK$6.61m |
Equity | HK$33.67m |
Total liabilities | HK$25.08m |
Total assets | HK$58.75m |
Financial Position Analysis
Short Term Liabilities: 8668's short term assets (HK$47.1M) exceed its short term liabilities (HK$22.8M).
Long Term Liabilities: 8668's short term assets (HK$47.1M) exceed its long term liabilities (HK$2.3M).
Debt to Equity History and Analysis
Debt Level: 8668 has more cash than its total debt.
Reducing Debt: 8668's debt to equity ratio has increased from 0% to 5.1% 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: 8668 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8668 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.6% each year.