Bison Finance Group Balance Sheet Health
Financial Health criteria checks 5/6
Bison Finance Group has a total shareholder equity of HK$49.1M and total debt of HK$90.0M, which brings its debt-to-equity ratio to 183.4%. Its total assets and total liabilities are HK$175.6M and HK$126.5M respectively. Bison Finance Group's EBIT is HK$64.0K making its interest coverage ratio 0. It has cash and short-term investments of HK$130.3M.
Key information
183.4%
Debt to equity ratio
HK$90.00m
Debt
| Interest coverage ratio | 0.007x |
| Cash | HK$130.28m |
| Equity | HK$49.07m |
| Total liabilities | HK$126.53m |
| Total assets | HK$175.59m |
Recent financial health updates
Bison Finance Group (HKG:888) Is Using Debt Safely
Aug 29
Is Bison Finance Group (HKG:888) Using Debt In A Risky Way?
Dec 29Is Bison Finance Group (HKG:888) Weighed On By Its Debt Load?
Sep 01Does Bison Finance Group (HKG:888) Have A Healthy Balance Sheet?
Nov 08Is Bison Finance Group (HKG:888) Using Too Much Debt?
Oct 28Is Bison Finance Group (HKG:888) A Risky Investment?
Jun 18Recent updates
Bison Finance Group (HKG:888) Is Using Debt Safely
Aug 29Is Bison Finance Group (HKG:888) Using Debt In A Risky Way?
Dec 29Is Bison Finance Group (HKG:888) Weighed On By Its Debt Load?
Sep 01Does Bison Finance Group (HKG:888) Have A Healthy Balance Sheet?
Nov 08Is Bison Finance Group (HKG:888) Using Too Much Debt?
Oct 28Is Bison Finance Group (HKG:888) A Risky Investment?
Jun 18How Much Did Bison Finance Group's(HKG:888) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 02Is Bison Finance Group (HKG:888) A Future Multi-bagger?
Dec 30Financial Position Analysis
Short Term Liabilities: 888's short term assets (HK$170.0M) exceed its short term liabilities (HK$126.0M).
Long Term Liabilities: 888's short term assets (HK$170.0M) exceed its long term liabilities (HK$497.0K).
Debt to Equity History and Analysis
Debt Level: 888 has more cash than its total debt.
Reducing Debt: 888's debt to equity ratio has increased from 14.9% to 183.4% 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: 888 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 888 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 28.2% each year