Culturecom Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Culturecom Holdings has a total shareholder equity of HK$122.4M and total debt of HK$6.0M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are HK$143.0M and HK$20.7M respectively.
Key information
4.9%
Debt to equity ratio
HK$6.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$88.01m |
| Equity | HK$122.37m |
| Total liabilities | HK$20.67m |
| Total assets | HK$143.04m |
Financial Position Analysis
Short Term Liabilities: 343's short term assets (HK$135.5M) exceed its short term liabilities (HK$20.7M).
Long Term Liabilities: 343 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 343 has more cash than its total debt.
Reducing Debt: 343's debt to equity ratio has increased from 0% to 4.9% 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: 343 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 343 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 6% each year.