Hongchang International Balance Sheet Health
Financial Health criteria checks 1/6
Hongchang International has a total shareholder equity of $40.7M and total debt of $18.9M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are $62.1M and $21.4M respectively.
Key information
46.4%
Debt to equity ratio
US$18.89m
Debt
| Interest coverage ratio | n/a |
| Cash | US$307.05k |
| Equity | US$40.71m |
| Total liabilities | US$21.40m |
| Total assets | US$62.11m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HCIL's short term assets ($4.4M) exceed its short term liabilities ($542.4K).
Long Term Liabilities: HCIL's short term assets ($4.4M) do not cover its long term liabilities ($20.9M).
Debt to Equity History and Analysis
Debt Level: HCIL's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: Insufficient data to determine if HCIL's debt to equity ratio has reduced 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: HCIL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HCIL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.3% each year