Sinofortune Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Sinofortune Financial Holdings has a total shareholder equity of HK$118.2M and total debt of HK$30.0M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are HK$244.3M and HK$126.1M respectively.
Key information
25.4%
Debt to equity ratio
HK$30.00m
Debt
Interest coverage ratio | n/a |
Cash | HK$36.26m |
Equity | HK$118.22m |
Total liabilities | HK$126.06m |
Total assets | HK$244.28m |
Recent financial health updates
Health Check: How Prudently Does Sinofortune Financial Holdings (HKG:8123) Use Debt?
Mar 22We're Not Very Worried About Sinofortune Financial Holdings' (HKG:8123) Cash Burn Rate
Jun 11Recent updates
Health Check: How Prudently Does Sinofortune Financial Holdings (HKG:8123) Use Debt?
Mar 22It's Unlikely That The CEO Of Sinofortune Financial Holdings Limited (HKG:8123) Will See A Huge Pay Rise This Year
Jun 16We're Not Very Worried About Sinofortune Financial Holdings' (HKG:8123) Cash Burn Rate
Jun 11A Look At The Intrinsic Value Of Sinofortune Financial Holdings Limited (HKG:8123)
Feb 26Financial Position Analysis
Short Term Liabilities: 8123's short term assets (HK$220.3M) exceed its short term liabilities (HK$123.4M).
Long Term Liabilities: 8123's short term assets (HK$220.3M) exceed its long term liabilities (HK$2.6M).
Debt to Equity History and Analysis
Debt Level: 8123 has more cash than its total debt.
Reducing Debt: 8123's debt to equity ratio has increased from 1.2% to 25.4% 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: Insufficient data to determine if 8123 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8123 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.