Courage Investment Group Balance Sheet Health
Financial Health criteria checks 6/6
Courage Investment Group has a total shareholder equity of $58.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $59.5M and $1.1M respectively. Courage Investment Group's EBIT is $1.7M making its interest coverage ratio 100.2. It has cash and short-term investments of $20.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 100.2x |
| Cash | US$19.96m |
| Equity | US$58.38m |
| Total liabilities | US$1.09m |
| Total assets | US$59.46m |
Recent financial health updates
We Think Courage Investment Group (HKG:1145) Can Stay On Top Of Its Debt
Sep 12
Courage Investment Group (HKG:1145) Has A Rock Solid Balance Sheet
Sep 07Does Courage Investment Group (HKG:1145) Have A Healthy Balance Sheet?
Aug 26Recent updates
Returns On Capital At Courage Investment Group (HKG:1145) Have Stalled
Aug 16Slowing Rates Of Return At Courage Investment Group (HKG:1145) Leave Little Room For Excitement
Apr 15There Are Reasons To Feel Uneasy About Courage Investment Group's (HKG:1145) Returns On Capital
Nov 10We Think Courage Investment Group (HKG:1145) Can Stay On Top Of Its Debt
Sep 12Courage Investment Group's (HKG:1145) Returns On Capital Are Heading Higher
Nov 24Courage Investment Group (HKG:1145) Has A Rock Solid Balance Sheet
Sep 07Courage Investment Group's (HKG:1145) Returns On Capital Are Heading Higher
Mar 16Investors Will Want Courage Investment Group's (HKG:1145) Growth In ROCE To Persist
Oct 29Does Courage Investment Group (HKG:1145) Have A Healthy Balance Sheet?
Aug 26We Like These Underlying Trends At Courage Investment Group (HKG:1145)
Dec 25
Financial Position Analysis
Short Term Liabilities: 1145's short term assets ($20.6M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: 1145 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1145 is debt free.
Reducing Debt: 1145 has no debt compared to 5 years ago when its debt to equity ratio was 43.8%.
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: Whilst unprofitable 1145 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1145 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.5% per year.