Cornerstone Financial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Cornerstone Financial Holdings has a total shareholder equity of HK$124.8M and total debt of HK$1.8M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are HK$175.6M and HK$50.8M respectively.
Key information
1.5%
Debt to equity ratio
HK$1.82m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$90.01m |
| Equity | HK$124.75m |
| Total liabilities | HK$50.83m |
| Total assets | HK$175.58m |
Recent financial health updates
Is Cornerstone Financial Holdings (HKG:8112) Using Too Much Debt?
Jun 09
Is Cornerstone Financial Holdings (HKG:8112) Using Too Much Debt?
Nov 19Recent updates
We Think Some Shareholders May Hesitate To Increase Cornerstone Financial Holdings Limited's (HKG:8112) CEO Compensation
May 03Estimating The Fair Value Of Cornerstone Financial Holdings Limited (HKG:8112)
Mar 12Is Cornerstone Financial Holdings (HKG:8112) Using Too Much Debt?
Jun 09Is Cornerstone Financial Holdings (HKG:8112) Using Too Much Debt?
Nov 19Shareholders May Find It Hard To Justify Increasing Cornerstone Financial Holdings Limited's (HKG:8112) CEO Compensation For Now
May 04Financial Position Analysis
Short Term Liabilities: 8112's short term assets (HK$168.6M) exceed its short term liabilities (HK$50.2M).
Long Term Liabilities: 8112's short term assets (HK$168.6M) exceed its long term liabilities (HK$639.2K).
Debt to Equity History and Analysis
Debt Level: 8112 has more cash than its total debt.
Reducing Debt: 8112's debt to equity ratio has increased from 0.6% to 1.5% 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: 8112 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8112 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 29.3% each year