China New Economy Fund Balance Sheet Health
Financial Health criteria checks 4/6
China New Economy Fund has a total shareholder equity of HK$89.8M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$95.2M and HK$5.4M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$83.65m |
| Equity | HK$89.84m |
| Total liabilities | HK$5.41m |
| Total assets | HK$95.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 80's short term assets (HK$93.6M) exceed its short term liabilities (HK$5.2M).
Long Term Liabilities: 80's short term assets (HK$93.6M) exceed its long term liabilities (HK$197.9K).
Debt to Equity History and Analysis
Debt Level: 80 is debt free.
Reducing Debt: 80 has no debt compared to 5 years ago when its debt to equity ratio was 23.4%.
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 80 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 80 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.