Universe Entertainment and Culture Group Balance Sheet Health
Financial Health criteria checks 5/6
Universe Entertainment and Culture Group has a total shareholder equity of HK$302.4M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$737.4M and HK$435.0M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$133.67m |
| Equity | HK$302.39m |
| Total liabilities | HK$435.02m |
| Total assets | HK$737.41m |
Recent financial health updates
We Think Universe Entertainment and Culture Group (HKG:1046) Can Easily Afford To Drive Business Growth
Aug 25
Will Universe Entertainment and Culture Group (HKG:1046) Spend Its Cash Wisely?
Mar 12Will Universe Entertainment and Culture Group (HKG:1046) Spend Its Cash Wisely?
Nov 23Recent updates
We Think Universe Entertainment and Culture Group (HKG:1046) Can Easily Afford To Drive Business Growth
Aug 25Many Still Looking Away From Universe Entertainment and Culture Group Company Limited (HKG:1046)
Jul 02Universe Entertainment and Culture Group Company Limited's (HKG:1046) Shares Bounce 39% But Its Business Still Trails The Industry
Mar 13Will Universe Entertainment and Culture Group (HKG:1046) Spend Its Cash Wisely?
Mar 12Universe Entertainment and Culture Group Company Limited (HKG:1046) Investors Are Less Pessimistic Than Expected
Jan 19Will Universe Entertainment and Culture Group (HKG:1046) Spend Its Cash Wisely?
Nov 23Getting In Cheap On Universe Entertainment and Culture Group Company Limited (HKG:1046) Is Unlikely
Jun 28The Return Trends At Universe Entertainment and Culture Group (HKG:1046) Look Promising
Apr 28Universe Entertainment and Culture Group (HKG:1046) Is Achieving High Returns On Its Capital
Jan 13Universe Entertainment and Culture Group (HKG:1046) Shareholders Have Enjoyed A 82% Share Price Gain
Dec 22
Financial Position Analysis
Short Term Liabilities: 1046's short term assets (HK$196.9M) do not cover its short term liabilities (HK$428.9M).
Long Term Liabilities: 1046's short term assets (HK$196.9M) exceed its long term liabilities (HK$6.2M).
Debt to Equity History and Analysis
Debt Level: 1046 is debt free.
Reducing Debt: 1046 had no debt 5 years ago.
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: Whilst unprofitable 1046 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1046 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 41% per year.