Clarity Medical Group Holding Balance Sheet Health
Financial Health criteria checks 6/6
Clarity Medical Group Holding has a total shareholder equity of HK$174.0M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$218.5M and HK$44.5M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$122.39m |
| Equity | HK$174.03m |
| Total liabilities | HK$44.49m |
| Total assets | HK$218.51m |
Recent financial health updates
Recent updates
Here's Why We're Watching Clarity Medical Group Holding's (HKG:1406) Cash Burn Situation
Aug 14
Investors Could Be Concerned With Clarity Medical Group Holding's (HKG:1406) Returns On Capital
Mar 21Weak Statutory Earnings May Not Tell The Whole Story For Clarity Medical Group Holding (HKG:1406)
Dec 26Clarity Medical Group Holding Limited's (HKG:1406) Shares Climb 28% But Its Business Is Yet to Catch Up
Aug 16Financial Position Analysis
Short Term Liabilities: 1406's short term assets (HK$153.6M) exceed its short term liabilities (HK$40.1M).
Long Term Liabilities: 1406's short term assets (HK$153.6M) exceed its long term liabilities (HK$4.4M).
Debt to Equity History and Analysis
Debt Level: 1406 is debt free.
Reducing Debt: 1406 has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.
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: 1406 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1406 has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 62.9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 13:05 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clarity Medical Group Holding Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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