Clarity Medical Group Holding Balance Sheet Health
Financial Health criteria checks 6/6
Clarity Medical Group Holding has a total shareholder equity of HK$189.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$236.2M and HK$46.6M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$141.43m |
| Equity | HK$189.52m |
| Total liabilities | HK$46.64m |
| Total assets | HK$236.16m |
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$169.2M) exceed its short term liabilities (HK$38.3M).
Long Term Liabilities: 1406's short term assets (HK$169.2M) exceed its long term liabilities (HK$8.3M).
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 27.7%.
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 a year based on its current free cash flow.
Forecast Cash Runway: 1406 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 68.9% each year.