Finet Group Balance Sheet Health
Financial Health criteria checks 6/6
Finet Group has a total shareholder equity of HK$49.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$66.8M and HK$17.7M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$11.54m |
| Equity | HK$49.12m |
| Total liabilities | HK$17.73m |
| Total assets | HK$66.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8317's short term assets (HK$36.9M) exceed its short term liabilities (HK$10.0M).
Long Term Liabilities: 8317's short term assets (HK$36.9M) exceed its long term liabilities (HK$7.7M).
Debt to Equity History and Analysis
Debt Level: 8317 is debt free.
Reducing Debt: 8317 has no debt compared to 5 years ago when its debt to equity ratio was 18.4%.
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: 8317 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8317 has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 29.1% each year.