China Star Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
China Star Entertainment has a total shareholder equity of HK$2.5B and total debt of HK$1.7B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are HK$5.1B and HK$2.6B respectively.
Key information
69.8%
Debt to equity ratio
HK$1.74b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$515.10m |
| Equity | HK$2.50b |
| Total liabilities | HK$2.58b |
| Total assets | HK$5.08b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 326's short term assets (HK$4.6B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 326's short term assets (HK$4.6B) exceed its long term liabilities (HK$1.3B).
Debt to Equity History and Analysis
Debt Level: 326's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: 326's debt to equity ratio has increased from 17.4% to 69.8% 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: Whilst unprofitable 326 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 326 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.6% per year.