China Vered Financial Holding Balance Sheet Health
Financial Health criteria checks 4/6
China Vered Financial Holding has a total shareholder equity of HK$4.0B and total debt of HK$27.6M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are HK$4.3B and HK$329.5M respectively. China Vered Financial Holding's EBIT is HK$396.0K making its interest coverage ratio 0.3. It has cash and short-term investments of HK$1.1B.
Key information
0.7%
Debt to equity ratio
HK$27.64m
Debt
| Interest coverage ratio | 0.3x |
| Cash | HK$1.10b |
| Equity | HK$3.99b |
| Total liabilities | HK$329.54m |
| Total assets | HK$4.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 245's short term assets (HK$1.6B) exceed its short term liabilities (HK$323.7M).
Long Term Liabilities: 245's short term assets (HK$1.6B) exceed its long term liabilities (HK$5.8M).
Debt to Equity History and Analysis
Debt Level: 245 has more cash than its total debt.
Reducing Debt: 245's debt to equity ratio has reduced from 9.5% to 0.7% 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: Insufficient data to determine if 245 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 245 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.