Future Bright Mining Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Future Bright Mining Holdings has a total shareholder equity of CN¥55.7M and total debt of CN¥59.2M, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are CN¥167.0M and CN¥111.4M respectively.
Key information
106.3%
Debt to equity ratio
CN¥59.19m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥47.34m |
| Equity | CN¥55.69m |
| Total liabilities | CN¥111.36m |
| Total assets | CN¥167.04m |
Recent financial health updates
Does Future Bright Mining Holdings (HKG:2212) Have A Healthy Balance Sheet?
Oct 29
We're Interested To See How Future Bright Mining Holdings (HKG:2212) Uses Its Cash Hoard To Grow
Apr 29Recent updates
Does Future Bright Mining Holdings (HKG:2212) Have A Healthy Balance Sheet?
Oct 29With A 26% Price Drop For Future Bright Mining Holdings Limited (HKG:2212) You'll Still Get What You Pay For
Jul 05Future Bright Mining Holdings Limited (HKG:2212) Not Flying Under The Radar
Mar 28We're Interested To See How Future Bright Mining Holdings (HKG:2212) Uses Its Cash Hoard To Grow
Apr 29Limin Ge Just Bought 41,821% More Shares In Future Bright Mining Holdings Limited (HKG:2212)
Dec 21Financial Position Analysis
Short Term Liabilities: 2212's short term assets (CN¥50.0M) exceed its short term liabilities (CN¥36.9M).
Long Term Liabilities: 2212's short term assets (CN¥50.0M) do not cover its long term liabilities (CN¥74.5M).
Debt to Equity History and Analysis
Debt Level: 2212's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: 2212's debt to equity ratio has increased from 0% to 106.3% 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: 2212 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2212 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.