Timeless Resources Holdings Limited

SEHK:8028 Stock Report

Market Cap: HK$51.6m

Timeless Resources Holdings Balance Sheet Health

Financial Health criteria checks 6/6

Timeless Resources Holdings has a total shareholder equity of HK$78.4M and total debt of HK$3.3M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are HK$101.1M and HK$22.7M respectively.

Key information

4.2%

Debt to equity ratio

HK$3.30m

Debt

Interest coverage ration/a
CashHK$59.82m
EquityHK$78.37m
Total liabilitiesHK$22.73m
Total assetsHK$101.09m

Recent financial health updates

Recent updates

Timeless Software Limited (HKG:8028) Investors Are Less Pessimistic Than Expected

Jul 01
Timeless Software Limited (HKG:8028) Investors Are Less Pessimistic Than Expected

We Think Timeless Software (HKG:8028) Can Manage Its Debt With Ease

Mar 08
We Think Timeless Software (HKG:8028) Can Manage Its Debt With Ease

Timeless Software's (HKG:8028) Strong Earnings Are Of Good Quality

Nov 17
Timeless Software's (HKG:8028) Strong Earnings Are Of Good Quality

Timeless Software (HKG:8028) Is Investing Its Capital With Increasing Efficiency

Jul 06
Timeless Software (HKG:8028) Is Investing Its Capital With Increasing Efficiency

Is Timeless Software (HKG:8028) A Risky Investment?

Jan 12
Is Timeless Software (HKG:8028) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: 8028's short term assets (HK$67.9M) exceed its short term liabilities (HK$18.2M).

Long Term Liabilities: 8028's short term assets (HK$67.9M) exceed its long term liabilities (HK$4.6M).


Debt to Equity History and Analysis

Debt Level: 8028 has more cash than its total debt.

Reducing Debt: 8028's debt to equity ratio has reduced from 7.1% to 4.2% 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: 8028 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8028 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 28.7% each year.


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 15:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Timeless Resources Holdings 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.

AnalystInstitution