Byte Metaverse Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Byte Metaverse Holdings has a total shareholder equity of HK$64.3M and total debt of HK$4.4M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are HK$117.6M and HK$53.4M respectively.
Key information
6.9%
Debt to equity ratio
HK$4.40m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$9.03m |
| Equity | HK$64.26m |
| Total liabilities | HK$53.37m |
| Total assets | HK$117.63m |
Recent financial health updates
No updates
Recent updates
Michong Metaverse (China) Holdings Group Limited (HKG:8645) Soars 26% But It's A Story Of Risk Vs Reward
Mar 20
Michong Metaverse (China) Holdings Group Limited (HKG:8645) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jan 17Be Wary Of Nomad Technologies Holdings (HKG:8645) And Its Returns On Capital
May 17The Returns At Nomad Technologies Holdings (HKG:8645) Provide Us With Signs Of What's To Come
Dec 08
Financial Position Analysis
Short Term Liabilities: 8645's short term assets (HK$76.3M) exceed its short term liabilities (HK$46.2M).
Long Term Liabilities: 8645's short term assets (HK$76.3M) exceed its long term liabilities (HK$7.2M).
Debt to Equity History and Analysis
Debt Level: 8645 has more cash than its total debt.
Reducing Debt: 8645's debt to equity ratio has reduced from 16.8% to 6.9% 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: 8645 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8645 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.