Prosperous Future Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Prosperous Future Holdings has a total shareholder equity of HK$608.0M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$761.4M and HK$153.5M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$328.25m |
| Equity | HK$607.95m |
| Total liabilities | HK$153.49m |
| Total assets | HK$761.44m |
Recent financial health updates
Recent updates
There's No Escaping Prosperous Future Holdings Limited's (HKG:1259) Muted Revenues Despite A 27% Share Price Rise
Oct 22
The Market Doesn't Like What It Sees From Prosperous Future Holdings Limited's (HKG:1259) Revenues Yet As Shares Tumble 31%
Sep 06Prosperous Future Holdings Limited's (HKG:1259) Shares Lagging The Industry But So Is The Business
Jul 23Prosperous Future Holdings Limited's (HKG:1259) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
Mar 05Prosperous Future Holdings Limited's (HKG:1259) Business And Shares Still Trailing The Industry
Dec 20Prosperous Future Holdings Limited's (HKG:1259) Revenues Are Not Doing Enough For Some Investors
Jul 18Despite Lacking Profits Prosperous Future Holdings (HKG:1259) Seems To Be On Top Of Its Debt
Dec 29Financial Position Analysis
Short Term Liabilities: 1259's short term assets (HK$535.6M) exceed its short term liabilities (HK$149.5M).
Long Term Liabilities: 1259's short term assets (HK$535.6M) exceed its long term liabilities (HK$4.0M).
Debt to Equity History and Analysis
Debt Level: 1259 is debt free.
Reducing Debt: 1259 has no debt compared to 5 years ago when its debt to equity ratio was 28%.
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: 1259 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1259 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 37.9% each year