Prosperous Future Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Prosperous Future Holdings has a total shareholder equity of HK$662.8M and total debt of HK$4.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are HK$931.1M and HK$268.3M respectively.
Key information
0.7%
Debt to equity ratio
HK$4.46m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$362.72m |
| Equity | HK$662.80m |
| Total liabilities | HK$268.31m |
| Total assets | HK$931.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRFU.F's short term assets (HK$701.1M) exceed its short term liabilities (HK$259.0M).
Long Term Liabilities: PRFU.F's short term assets (HK$701.1M) exceed its long term liabilities (HK$9.3M).
Debt to Equity History and Analysis
Debt Level: PRFU.F has more cash than its total debt.
Reducing Debt: PRFU.F's debt to equity ratio has reduced from 13.9% to 0.7% 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 PRFU.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRFU.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.7% per year.