Courage Investment Group Balance Sheet Health
Financial Health criteria checks 4/6
Courage Investment Group has a total shareholder equity of $57.1M and total debt of $756.0K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $59.0M and $1.9M respectively. Courage Investment Group's EBIT is $730.0K making its interest coverage ratio 3.9. It has cash and short-term investments of $17.8M.
Key information
1.3%
Debt to equity ratio
US$756.00k
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$17.85m |
| Equity | US$57.10m |
| Total liabilities | US$1.94m |
| Total assets | US$59.03m |
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
Slowing 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 ($18.8M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: 1145's short term assets ($18.8M) exceed its long term liabilities ($9.0K).
Debt to Equity History and Analysis
Debt Level: 1145 has more cash than its total debt.
Reducing Debt: 1145's debt to equity ratio has reduced from 33.5% to 1.3% 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: Insufficient data to determine if 1145 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1145 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.