Prime Intelligence Solutions Group Balance Sheet Health
Financial Health criteria checks 3/6
Prime Intelligence Solutions Group has a total shareholder equity of HK$23.8M and total debt of HK$1,000.0K, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are HK$47.4M and HK$23.6M respectively.
Key information
4.2%
Debt to equity ratio
HK$1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$8.95m |
| Equity | HK$23.80m |
| Total liabilities | HK$23.57m |
| Total assets | HK$47.38m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8379's short term assets (HK$46.8M) exceed its short term liabilities (HK$21.5M).
Long Term Liabilities: 8379's short term assets (HK$46.8M) exceed its long term liabilities (HK$2.1M).
Debt to Equity History and Analysis
Debt Level: 8379 has more cash than its total debt.
Reducing Debt: 8379's debt to equity ratio has increased from 1.3% to 4.2% 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: 8379 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8379 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.4% each year