Sun Kong Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Sun Kong Holdings has a total shareholder equity of HK$41.3M and total debt of HK$12.5M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are HK$61.7M and HK$20.4M respectively.
Key information
30.3%
Debt to equity ratio
HK$12.50m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$578.00k |
| Equity | HK$41.26m |
| Total liabilities | HK$20.43m |
| Total assets | HK$61.69m |
Recent financial health updates
We Think Sun Kong Holdings (HKG:8631) Has A Fair Chunk Of Debt
Nov 12
Sun Kong Holdings (HKG:8631) Is Making Moderate Use Of Debt
Jul 07Recent updates
The Market Doesn't Like What It Sees From Sun Kong Holdings Limited's (HKG:8631) Revenues Yet As Shares Tumble 29%
Apr 26Sun Kong Holdings Limited (HKG:8631) Not Doing Enough For Some Investors As Its Shares Slump 33%
Feb 21We Think Sun Kong Holdings (HKG:8631) Has A Fair Chunk Of Debt
Nov 12Sun Kong Holdings Limited (HKG:8631) Not Doing Enough For Some Investors As Its Shares Slump 30%
Aug 24Sun Kong Holdings (HKG:8631) Is Making Moderate Use Of Debt
Jul 07Estimating The Intrinsic Value Of Sun Kong Holdings Limited (HKG:8631)
Aug 02Are Insiders Selling Sun Kong Holdings Limited (HKG:8631) Stock?
Feb 24Financial Position Analysis
Short Term Liabilities: 8631's short term assets (HK$52.8M) exceed its short term liabilities (HK$20.4M).
Long Term Liabilities: 8631 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8631's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 8631's debt to equity ratio has increased from 3.2% to 30.3% 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: 8631 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8631 is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.