Grand Field Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Grand Field Group Holdings has a total shareholder equity of HK$1.2B and total debt of HK$733.7M, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are HK$2.6B and HK$1.5B respectively.
Key information
63.7%
Debt to equity ratio
HK$733.70m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$41.12m |
| Equity | HK$1.15b |
| Total liabilities | HK$1.48b |
| Total assets | HK$2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2944's short term assets (HK$715.8M) do not cover its short term liabilities (HK$728.7M).
Long Term Liabilities: 2944's short term assets (HK$715.8M) do not cover its long term liabilities (HK$751.3M).
Debt to Equity History and Analysis
Debt Level: 2944's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: 2944's debt to equity ratio has increased from 44.4% to 63.7% 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: Whilst unprofitable 2944 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2944 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.9% per year.