Joyas International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Joyas International Holdings has a total shareholder equity of HK$11.0M and total debt of HK$14.2M, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are HK$26.1M and HK$15.2M respectively. Joyas International Holdings's EBIT is HK$292.0K making its interest coverage ratio 0.3. It has cash and short-term investments of HK$10.2M.
Key information
130.0%
Debt to equity ratio
HK$14.23m
Debt
Interest coverage ratio | 0.3x |
Cash | HK$10.23m |
Equity | HK$10.95m |
Total liabilities | HK$15.18m |
Total assets | HK$26.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E9L's short term assets (HK$26.1M) exceed its short term liabilities (HK$15.2M).
Long Term Liabilities: E9L has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: E9L's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: E9L's debt to equity ratio has increased from 78% to 130% 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 20.6% per year.