Goldstone Capital Group Balance Sheet Health
Financial Health criteria checks 5/6
Goldstone Capital Group has a total shareholder equity of HK$17.5M and total debt of HK$4.0M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are HK$22.5M and HK$5.0M respectively.
Key information
23.0%
Debt to equity ratio
HK$4.03m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$21.89m |
| Equity | HK$17.51m |
| Total liabilities | HK$5.02m |
| Total assets | HK$22.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1160's short term assets (HK$22.4M) exceed its short term liabilities (HK$5.0M).
Long Term Liabilities: 1160 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1160 has more cash than its total debt.
Reducing Debt: 1160's debt to equity ratio has increased from 0% to 23% 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: 1160 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1160 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 39% each year.