Joy Spreader Group Balance Sheet Health
Financial Health criteria checks 6/6
Joy Spreader Group has a total shareholder equity of HK$1.2B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$1.4B and HK$240.3M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | n/a |
Cash | HK$274.81m |
Equity | HK$1.19b |
Total liabilities | HK$240.33m |
Total assets | HK$1.43b |
Recent financial health updates
Recent updates
Joy Spreader Group Inc. (HKG:6988) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 04We Think Joy Spreader Group (HKG:6988) Needs To Drive Business Growth Carefully
Jul 17Joy Spreader Group (HKG:6988) Could Be Struggling To Allocate Capital
Nov 09Here's What's Concerning About Joy Spreader Group's (HKG:6988) Returns On Capital
Jun 19Do Joy Spreader Group's (HKG:6988) Earnings Warrant Your Attention?
May 16Joy Spreader Group (HKG:6988) Is Reinvesting At Lower Rates Of Return
Mar 15Here's What's Concerning About Joy Spreader Group's (HKG:6988) Returns On Capital
Nov 04A Look At The Intrinsic Value Of Joy Spreader Interactive Technology Co. Ltd (HKG:6988)
Jul 06Are Joy Spreader Interactive Technology Co.,Ltd (HKG:6988) Investors Paying Above The Intrinsic Value?
Apr 07What Kind Of Investors Own Most Of Joy Spreader Interactive Technology Co.,Ltd (HKG:6988)?
Mar 03Joy Spreader Interactive Technology Co.,Ltd's (HKG:6988) 30% Jump Shows Its Popularity With Investors
Jan 27Declining Stock and Solid Fundamentals: Is The Market Wrong About Joy Spreader Interactive Technology Co.,Ltd (HKG:6988)?
Jan 18Joy Spreader Interactive TechnologyLtd (HKG:6988) Is Growing Earnings But Are They A Good Guide?
Dec 23Financial Position Analysis
Short Term Liabilities: 6988's short term assets (HK$1.3B) exceed its short term liabilities (HK$222.4M).
Long Term Liabilities: 6988's short term assets (HK$1.3B) exceed its long term liabilities (HK$18.0M).
Debt to Equity History and Analysis
Debt Level: 6988 is debt free.
Reducing Debt: 6988 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: 6988 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6988 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 21.5% each year.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/10 01:29 |
End of Day Share Price | 2025/01/10 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Joy Spreader Group Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Ka Kit Po | CGS International |
Tommy Wong | China Merchants Securities (HK) Co., Ltd |
Rongye Lin | Guotai Junan International Holdings Limited |