Timeless Resources Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Timeless Resources Holdings has a total shareholder equity of HK$103.3M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$121.9M and HK$18.6M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$80.07m |
| Equity | HK$103.26m |
| Total liabilities | HK$18.61m |
| Total assets | HK$121.87m |
Recent financial health updates
We Think Timeless Software (HKG:8028) Can Manage Its Debt With Ease
Mar 08
Is Timeless Software (HKG:8028) A Risky Investment?
Jan 12Recent updates
Timeless Software Limited (HKG:8028) Investors Are Less Pessimistic Than Expected
Jul 01We Think Timeless Software (HKG:8028) Can Manage Its Debt With Ease
Mar 08Timeless Software's (HKG:8028) Strong Earnings Are Of Good Quality
Nov 17Timeless Software (HKG:8028) Is Investing Its Capital With Increasing Efficiency
Jul 06Is Timeless Software (HKG:8028) A Risky Investment?
Jan 12Financial Position Analysis
Short Term Liabilities: 8028's short term assets (HK$88.9M) exceed its short term liabilities (HK$12.1M).
Long Term Liabilities: 8028's short term assets (HK$88.9M) exceed its long term liabilities (HK$6.5M).
Debt to Equity History and Analysis
Debt Level: 8028 is debt free.
Reducing Debt: 8028 has no debt compared to 5 years ago when its debt to equity ratio was 5.2%.
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 3 years based on its current free cash flow.
Forecast Cash Runway: 8028 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 11.6% each year