Core Economy Investment Group Balance Sheet Health
Financial Health criteria checks 5/6
Core Economy Investment Group has a total shareholder equity of HK$7.3M and total debt of HK$3.0M, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are HK$14.0M and HK$6.7M respectively.
Key information
41.0%
Debt to equity ratio
HK$3.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$13.00m |
| Equity | HK$7.31m |
| Total liabilities | HK$6.69m |
| Total assets | HK$14.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 339's short term assets (HK$13.4M) exceed its short term liabilities (HK$6.4M).
Long Term Liabilities: 339's short term assets (HK$13.4M) exceed its long term liabilities (HK$300.0K).
Debt to Equity History and Analysis
Debt Level: 339 has more cash than its total debt.
Reducing Debt: 339's debt to equity ratio has increased from 0% to 41% 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: Whilst unprofitable 339 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 339 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.4% per year.