Joyas International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Joyas International Holdings has a total shareholder equity of HK$10.9M and total debt of HK$14.9M, which brings its debt-to-equity ratio to 136.9%. Its total assets and total liabilities are HK$26.8M and HK$15.9M respectively. Joyas International Holdings's EBIT is HK$342.0K making its interest coverage ratio 0.4. It has cash and short-term investments of HK$10.7M.
Key information
136.9%
Debt to equity ratio
HK$14.89m
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$10.67m |
| Equity | HK$10.87m |
| Total liabilities | HK$15.94m |
| Total assets | HK$26.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E9L's short term assets (HK$26.8M) exceed its short term liabilities (HK$15.9M).
Long Term Liabilities: E9L has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: E9L's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: E9L's debt to equity ratio has reduced from 224.6% to 136.9% 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: Whilst unprofitable E9L has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: E9L is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.5% per year.