Arta TechFin Balance Sheet Health
Financial Health criteria checks 2/6
Arta TechFin has a total shareholder equity of HK$25.9M and total debt of HK$67.2M, which brings its debt-to-equity ratio to 259.6%. Its total assets and total liabilities are HK$105.8M and HK$79.9M respectively.
Key information
259.6%
Debt to equity ratio
HK$67.15m
Debt
Interest coverage ratio | n/a |
Cash | HK$56.17m |
Equity | HK$25.87m |
Total liabilities | HK$79.89m |
Total assets | HK$105.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 279's short term assets (HK$68.1M) exceed its short term liabilities (HK$40.2M).
Long Term Liabilities: 279's short term assets (HK$68.1M) exceed its long term liabilities (HK$39.7M).
Debt to Equity History and Analysis
Debt Level: 279's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: 279's debt to equity ratio has increased from 80.7% to 259.6% 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 279 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 279 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.