Hongchang International Balance Sheet Health
Financial Health criteria checks 3/6
Hongchang International has a total shareholder equity of $40.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $50.2M and $9.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$895.73k |
Equity | US$40.49m |
Total liabilities | US$9.73m |
Total assets | US$50.22m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HCIL's short term assets ($4.0M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: HCIL's short term assets ($4.0M) do not cover its long term liabilities ($8.7M).
Debt to Equity History and Analysis
Debt Level: HCIL is debt free.
Reducing Debt: HCIL had no debt 5 years ago.
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 90.8% each year