Prosperity Investment Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Prosperity Investment Holdings has a total shareholder equity of HK$7.0M and total debt of HK$8.2M, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are HK$20.8M and HK$13.8M respectively.
Key information
116.6%
Debt to equity ratio
HK$8.16m
Debt
Interest coverage ratio | n/a |
Cash | HK$13.96m |
Equity | HK$7.00m |
Total liabilities | HK$13.78m |
Total assets | HK$20.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 310's short term assets (HK$14.0M) exceed its short term liabilities (HK$9.8M).
Long Term Liabilities: 310's short term assets (HK$14.0M) exceed its long term liabilities (HK$4.0M).
Debt to Equity History and Analysis
Debt Level: 310 has more cash than its total debt.
Reducing Debt: 310's debt to equity ratio has increased from 19.2% to 116.6% 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 310 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 310 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.