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Shin Hwa World Balance Sheet Health
Financial Health criteria checks 4/6
Shin Hwa World has a total shareholder equity of HK$7.4B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are HK$9.2B and HK$1.8B respectively.
Key information
19.1%
Debt to equity ratio
HK$1.42b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$266.04m |
| Equity | HK$7.41b |
| Total liabilities | HK$1.80b |
| Total assets | HK$9.20b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2956's short term assets (HK$842.1M) exceed its short term liabilities (HK$312.6M).
Long Term Liabilities: 2956's short term assets (HK$842.1M) do not cover its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 2956's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 2956's debt to equity ratio has increased from 13.4% to 19.1% 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: 2956 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2956 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 64.1% each year.