China Ever Grand Financial Leasing Group Balance Sheet Health
Financial Health criteria checks 5/6
China Ever Grand Financial Leasing Group has a total shareholder equity of HK$452.9M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$502.8M and HK$49.9M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | n/a |
Cash | HK$32.65m |
Equity | HK$452.94m |
Total liabilities | HK$49.89m |
Total assets | HK$502.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 379's short term assets (HK$98.7M) exceed its short term liabilities (HK$49.9M).
Long Term Liabilities: 379 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 379 is debt free.
Reducing Debt: 379 has no debt compared to 5 years ago when its debt to equity ratio was 91.6%.
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: 379 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 379 has less than a year of cash runway if free cash flow continues to grow at historical rates of 49.8% each year.