Timeless Resources Holdings Limited

SEHK:8028 Stock Report

Market Cap: HK$59.0m

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 ration/a
CashHK$80.07m
EquityHK$103.26m
Total liabilitiesHK$18.61m
Total assetsHK$121.87m

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$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


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