Huscoke Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Huscoke Holdings has a total shareholder equity of HK$1.1B and total debt of HK$218.2M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are HK$1.8B and HK$742.1M respectively.
Key information
20.1%
Debt to equity ratio
HK$218.19m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.45m |
| Equity | HK$1.09b |
| Total liabilities | HK$742.12m |
| Total assets | HK$1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 704's short term assets (HK$138.3M) do not cover its short term liabilities (HK$475.4M).
Long Term Liabilities: 704's short term assets (HK$138.3M) do not cover its long term liabilities (HK$266.7M).
Debt to Equity History and Analysis
Debt Level: 704's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 704's debt to equity ratio has increased from 7% to 20.1% 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: Whilst unprofitable 704 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 704 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.6% per year.