Ruixin International Holdings Limited

SEHK:724 Stock Report

Market Cap: HK$9.7m

Ruixin International Holdings Balance Sheet Health

Financial Health criteria checks 0/6

Ruixin International Holdings has a total shareholder equity of HK$-140.8M and total debt of HK$157.3M, which brings its debt-to-equity ratio to -111.7%. Its total assets and total liabilities are HK$43.9M and HK$184.7M respectively.

Key information

-111.7%

Debt to equity ratio

HK$157.29m

Debt

Interest coverage ration/a
CashHK$5.54m
Equity-HK$140.77m
Total liabilitiesHK$184.70m
Total assetsHK$43.94m

Recent financial health updates

No updates

Recent updates

Ruixin International Holdings Limited (HKG:724) Held Back By Insufficient Growth Even After Shares Climb 25%

Sep 29
Ruixin International Holdings Limited (HKG:724) Held Back By Insufficient Growth Even After Shares Climb 25%

Financial Position Analysis

Short Term Liabilities: 724 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 724 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 724 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 724's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: 724 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 724 has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.4% each year.


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