Sincere Watch (Hong Kong) Balance Sheet Health
Financial Health criteria checks 3/6
Sincere Watch (Hong Kong) has a total shareholder equity of HK$173.7M and total debt of HK$308.2M, which brings its debt-to-equity ratio to 177.4%. Its total assets and total liabilities are HK$714.0M and HK$540.2M respectively.
Key information
177.4%
Debt to equity ratio
HK$308.23m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$75.47m |
| Equity | HK$173.74m |
| Total liabilities | HK$540.24m |
| Total assets | HK$713.97m |
Recent financial health updates
Does Sincere Watch (Hong Kong) (HKG:444) Have A Healthy Balance Sheet?
Mar 26
Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Dec 01Is Sincere Watch (Hong Kong) (HKG:444) Weighed On By Its Debt Load?
Jul 21Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Jan 11Recent updates
Does Sincere Watch (Hong Kong) (HKG:444) Have A Healthy Balance Sheet?
Mar 26Sincere Watch (Hong Kong) Limited's (HKG:444) Popularity With Investors Is Under Threat From Overpricing
Feb 02Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Dec 01Sincere Watch (Hong Kong) Limited's (HKG:444) Share Price Not Quite Adding Up
Sep 19Calculating The Fair Value Of Sincere Watch (Hong Kong) Limited (HKG:444)
Sep 21Is Sincere Watch (Hong Kong) (HKG:444) Weighed On By Its Debt Load?
Jul 21Is Sincere Watch (Hong Kong) (HKG:444) A Risky Investment?
Jan 11Financial Position Analysis
Short Term Liabilities: 444's short term assets (HK$242.3M) exceed its short term liabilities (HK$209.4M).
Long Term Liabilities: 444's short term assets (HK$242.3M) do not cover its long term liabilities (HK$330.8M).
Debt to Equity History and Analysis
Debt Level: 444's net debt to equity ratio (134%) is considered high.
Reducing Debt: 444's debt to equity ratio has increased from 12.8% to 177.4% 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: 444 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 444 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 41.9% each year.