New Silkroad Culturaltainment Balance Sheet Health
Financial Health criteria checks 4/6
New Silkroad Culturaltainment has a total shareholder equity of HK$1.7B and total debt of HK$59.9M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are HK$2.3B and HK$596.7M respectively.
Key information
3.5%
Debt to equity ratio
HK$59.88m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$201.75m |
| Equity | HK$1.69b |
| Total liabilities | HK$596.75m |
| Total assets | HK$2.29b |
Recent financial health updates
New Silkroad Culturaltainment (HKG:472) Has Debt But No Earnings; Should You Worry?
Oct 10
Is New Silkroad Culturaltainment (HKG:472) Using Debt In A Risky Way?
May 22New Silkroad Culturaltainment (HKG:472) Has A Rock Solid Balance Sheet
Nov 10Is New Silkroad Culturaltainment (HKG:472) A Risky Investment?
May 11Is New Silkroad Culturaltainment (HKG:472) Using Too Much Debt?
Mar 31Recent updates
New Silkroad Culturaltainment (HKG:472) Has Debt But No Earnings; Should You Worry?
Oct 10Is New Silkroad Culturaltainment (HKG:472) Using Debt In A Risky Way?
May 22New Silkroad Culturaltainment (HKG:472) Has A Rock Solid Balance Sheet
Nov 10Is New Silkroad Culturaltainment (HKG:472) A Risky Investment?
May 11Should Shareholders Have Second Thoughts About A Pay Rise For New Silkroad Culturaltainment Limited's (HKG:472) CEO This Year?
Jun 02Is New Silkroad Culturaltainment (HKG:472) Using Too Much Debt?
Mar 31Here's What We Learned About The CEO Pay At New Silkroad Culturaltainment Limited (HKG:472)
Dec 07Financial Position Analysis
Short Term Liabilities: 472's short term assets (HK$869.1M) exceed its short term liabilities (HK$498.1M).
Long Term Liabilities: 472's short term assets (HK$869.1M) exceed its long term liabilities (HK$98.7M).
Debt to Equity History and Analysis
Debt Level: 472 has more cash than its total debt.
Reducing Debt: 472's debt to equity ratio has reduced from 37.1% to 3.5% 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: Insufficient data to determine if 472 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 472 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.