ZO Future Group Balance Sheet Health
Financial Health criteria checks 1/6
ZO Future Group has a total shareholder equity of HK$205.9M and total debt of HK$743.6M, which brings its debt-to-equity ratio to 361.1%. Its total assets and total liabilities are HK$1.3B and HK$1.1B respectively.
Key information
361.1%
Debt to equity ratio
HK$743.60m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$182.19m |
| Equity | HK$205.90m |
| Total liabilities | HK$1.05b |
| Total assets | HK$1.26b |
Recent financial health updates
We Think Birmingham Sports Holdings (HKG:2309) Has A Fair Chunk Of Debt
Mar 21
Does Birmingham Sports Holdings (HKG:2309) Have A Healthy Balance Sheet?
Dec 17Birmingham Sports Holdings (HKG:2309) Is Carrying A Fair Bit Of Debt
Nov 25Recent updates
Why Investors Shouldn't Be Surprised By ZO Future Group's (HKG:2309) 28% Share Price Surge
Oct 23What ZO Future Group's (HKG:2309) P/S Is Not Telling You
Jul 25We Think Birmingham Sports Holdings (HKG:2309) Has A Fair Chunk Of Debt
Mar 21Increases to CEO Compensation Might Be Put On Hold For Now at Birmingham Sports Holdings Limited (HKG:2309)
Dec 23Does Birmingham Sports Holdings (HKG:2309) Have A Healthy Balance Sheet?
Dec 17Birmingham Sports Holdings (HKG:2309) Share Prices Have Dropped 12% In The Last Three Years
Feb 03
What Type Of Shareholders Make Up Birmingham Sports Holdings Limited's (HKG:2309) Share Registry?
Dec 30Birmingham Sports Holdings (HKG:2309) Is Carrying A Fair Bit Of Debt
Nov 25Financial Position Analysis
Short Term Liabilities: 2309's short term assets (HK$351.5M) exceed its short term liabilities (HK$271.4M).
Long Term Liabilities: 2309's short term assets (HK$351.5M) do not cover its long term liabilities (HK$781.5M).
Debt to Equity History and Analysis
Debt Level: 2309's net debt to equity ratio (272.7%) is considered high.
Reducing Debt: 2309's debt to equity ratio has increased from 36.5% to 361.1% 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: 2309 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2309 has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.2% each year.