China Rongzhong Financial Holdings Balance Sheet Health
Financial Health criteria checks 2/6
China Rongzhong Financial Holdings has a total shareholder equity of HK$17.7M and total debt of HK$40.8M, which brings its debt-to-equity ratio to 229.9%. Its total assets and total liabilities are HK$84.7M and HK$67.0M respectively.
Key information
229.9%
Debt to equity ratio
HK$40.79m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$6.97m |
| Equity | HK$17.74m |
| Total liabilities | HK$66.95m |
| Total assets | HK$84.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3963's short term assets (HK$14.7M) do not cover its short term liabilities (HK$62.6M).
Long Term Liabilities: 3963's short term assets (HK$14.7M) exceed its long term liabilities (HK$4.3M).
Debt to Equity History and Analysis
Debt Level: 3963's net debt to equity ratio (190.6%) is considered high.
Reducing Debt: 3963's debt to equity ratio has reduced from 782.7% to 229.9% 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: 3963 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3963 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.4% each year