Byte Metaverse Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Byte Metaverse Holdings has a total shareholder equity of HK$70.4M and total debt of HK$5.1M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are HK$133.3M and HK$62.9M respectively.
Key information
7.3%
Debt to equity ratio
HK$5.15m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$31.50m |
| Equity | HK$70.39m |
| Total liabilities | HK$62.92m |
| Total assets | HK$133.31m |
Recent financial health updates
No updates
Recent updates
With A 26% Price Drop For Byte Metaverse Holdings Limited (HKG:8645) You'll Still Get What You Pay For
Jun 12
Michong Metaverse (China) Holdings Group Limited (HKG:8645) Soars 26% But It's A Story Of Risk Vs Reward
Mar 20Michong 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$93.5M) exceed its short term liabilities (HK$57.4M).
Long Term Liabilities: 8645's short term assets (HK$93.5M) exceed its long term liabilities (HK$5.6M).
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 10.6% to 7.3% 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 more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8645 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 11.1% each year.