Capital Finance Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Capital Finance Holdings has a total shareholder equity of HK$89.5M and total debt of HK$114.7M, which brings its debt-to-equity ratio to 128.2%. Its total assets and total liabilities are HK$219.3M and HK$129.7M respectively. Capital Finance Holdings's EBIT is HK$4.3M making its interest coverage ratio 0.3. It has cash and short-term investments of HK$93.2M.
Key information
128.2%
Debt to equity ratio
HK$114.72m
Debt
| Interest coverage ratio | 0.3x |
| Cash | HK$93.18m |
| Equity | HK$89.51m |
| Total liabilities | HK$129.74m |
| Total assets | HK$219.25m |
Financial Position Analysis
Short Term Liabilities: 8239's short term assets (HK$184.0M) exceed its short term liabilities (HK$127.6M).
Long Term Liabilities: 8239's short term assets (HK$184.0M) exceed its long term liabilities (HK$2.2M).
Debt to Equity History and Analysis
Debt Level: 8239's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 8239 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 8239 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8239 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.