China Castson 81 Finance Balance Sheet Health
Financial Health criteria checks 5/6
China Castson 81 Finance has a total shareholder equity of HK$34.9M and total debt of HK$325.0K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are HK$37.2M and HK$2.3M respectively.
Key information
0.9%
Debt to equity ratio
HK$325.00k
Debt
| Interest coverage ratio | n/a |
| Cash | HK$18.03m |
| Equity | HK$34.93m |
| Total liabilities | HK$2.28m |
| Total assets | HK$37.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 810's short term assets (HK$18.8M) exceed its short term liabilities (HK$2.3M).
Long Term Liabilities: 810 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 810 has more cash than its total debt.
Reducing Debt: 810's debt to equity ratio has reduced from 2% to 0.9% 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: 810 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 810 has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.5% each year.