ZO Future Group Balance Sheet Health
Financial Health criteria checks 3/6
ZO Future Group has a total shareholder equity of HK$328.3M and total debt of HK$314.9M, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are HK$1.1B and HK$729.2M respectively.
Key information
95.9%
Debt to equity ratio
HK$314.91m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$101.11m |
| Equity | HK$328.28m |
| Total liabilities | HK$729.25m |
| Total assets | HK$1.06b |
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
We 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$220.8M) exceed its short term liabilities (HK$182.7M).
Long Term Liabilities: 2309's short term assets (HK$220.8M) do not cover its long term liabilities (HK$546.5M).
Debt to Equity History and Analysis
Debt Level: 2309's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: 2309's debt to equity ratio has increased from 77.9% to 95.9% 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 sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2309 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.