Symphony Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Symphony Holdings has a total shareholder equity of HK$2.8B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are HK$5.1B and HK$2.3B respectively.
Key information
51.5%
Debt to equity ratio
HK$1.47b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$225.43m |
| Equity | HK$2.85b |
| Total liabilities | HK$2.29b |
| Total assets | HK$5.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYHL.F's short term assets (HK$1.1B) exceed its short term liabilities (HK$880.8M).
Long Term Liabilities: SYHL.F's short term assets (HK$1.1B) do not cover its long term liabilities (HK$1.4B).
Debt to Equity History and Analysis
Debt Level: SYHL.F's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: SYHL.F's debt to equity ratio has increased from 44.6% to 51.5% 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 SYHL.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SYHL.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.5% per year.