Sun Kong Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sun Kong Holdings has a total shareholder equity of HK$24.5M and total debt of HK$19.5M, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are HK$48.3M and HK$23.8M respectively.
Key information
79.5%
Debt to equity ratio
HK$19.49m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.02m |
| Equity | HK$24.51m |
| Total liabilities | HK$23.83m |
| Total assets | HK$48.34m |
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$40.5M) exceed its short term liabilities (HK$23.8M).
Long Term Liabilities: 8631 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8631's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: 8631's debt to equity ratio has increased from 2.2% to 79.5% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8631 has less than a year of cash runway if free cash flow continues to grow at historical rates of 47.1% each year.