Web3 Meta Balance Sheet Health
Financial Health criteria checks 3/6
Web3 Meta has a total shareholder equity of HK$59.4M and total debt of HK$8.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are HK$97.2M and HK$37.8M respectively.
Key information
13.5%
Debt to equity ratio
HK$8.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$4.15m |
| Equity | HK$59.40m |
| Total liabilities | HK$37.83m |
| Total assets | HK$97.22m |
Recent financial health updates
No updates
Recent updates
Million Stars Holdings Limited's (HKG:8093) Shares May Have Run Too Fast Too Soon
Oct 07
Optimistic Investors Push Million Stars Holdings Limited (HKG:8093) Shares Up 30% But Growth Is Lacking
Jun 07Some Confidence Is Lacking In Million Stars Holdings Limited (HKG:8093) As Shares Slide 29%
Apr 23What Million Stars Holdings Limited's (HKG:8093) 29% Share Price Gain Is Not Telling You
Feb 16Financial Position Analysis
Short Term Liabilities: 8093's short term assets (HK$97.2M) exceed its short term liabilities (HK$37.8M).
Long Term Liabilities: 8093 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8093's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 8093's debt to equity ratio has increased from 7.1% to 13.5% over the past 5 years.
Debt Coverage: 8093's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8093's interest payments on its debt are well covered by EBIT.