Man Wah Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Man Wah Holdings has a total shareholder equity of HK$13.1B and total debt of HK$4.1B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are HK$19.8B and HK$6.7B respectively. Man Wah Holdings's EBIT is HK$3.1B making its interest coverage ratio 65.6. It has cash and short-term investments of HK$3.6B.
Key information
31.5%
Debt to equity ratio
HK$4.11b
Debt
| Interest coverage ratio | 65.6x |
| Cash | HK$3.55b |
| Equity | HK$13.08b |
| Total liabilities | HK$6.73b |
| Total assets | HK$19.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAM's short term assets (HK$8.1B) exceed its short term liabilities (HK$6.4B).
Long Term Liabilities: AAM's short term assets (HK$8.1B) exceed its long term liabilities (HK$304.2M).
Debt to Equity History and Analysis
Debt Level: AAM's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: AAM's debt to equity ratio has reduced from 67.8% to 31.5% over the past 5 years.
Debt Coverage: AAM's debt is well covered by operating cash flow (62.1%).
Interest Coverage: AAM's interest payments on its debt are well covered by EBIT (65.6x coverage).