Echo International Holdings Group Balance Sheet Health
Financial Health criteria checks 6/6
Echo International Holdings Group has a total shareholder equity of HK$59.9M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$70.9M and HK$11.0M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$16.94m |
| Equity | HK$59.93m |
| Total liabilities | HK$10.97m |
| Total assets | HK$70.90m |
Financial Position Analysis
Short Term Liabilities: 8218's short term assets (HK$42.2M) exceed its short term liabilities (HK$8.0M).
Long Term Liabilities: 8218's short term assets (HK$42.2M) exceed its long term liabilities (HK$3.0M).
Debt to Equity History and Analysis
Debt Level: 8218 is debt free.
Reducing Debt: 8218 has no debt compared to 5 years ago when its debt to equity ratio was 79.2%.
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: 8218 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8218 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 0.4% each year.