SJM Holdings Balance Sheet Health

Financial Health criteria checks 0/6

SJM Holdings has a total shareholder equity of HK$14.0B and total debt of HK$27.3B, which brings its debt-to-equity ratio to 195.4%. Its total assets and total liabilities are HK$48.3B and HK$34.4B respectively. SJM Holdings's EBIT is HK$1.1B making its interest coverage ratio 0.5. It has cash and short-term investments of HK$2.4B.

Key information

195.4%

Debt to equity ratio

HK$27.30b

Debt

Interest coverage ratio0.5x
CashHK$2.42b
EquityHK$13.97b
Total liabilitiesHK$34.36b
Total assetsHK$48.33b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 3MG1's short term assets (HK$3.3B) do not cover its short term liabilities (HK$5.2B).

Long Term Liabilities: 3MG1's short term assets (HK$3.3B) do not cover its long term liabilities (HK$29.1B).


Debt to Equity History and Analysis

Debt Level: 3MG1's net debt to equity ratio (178%) is considered high.

Reducing Debt: 3MG1's debt to equity ratio has increased from 55.7% to 195.4% over the past 5 years.

Debt Coverage: 3MG1's debt is not well covered by operating cash flow (13.6%).

Interest Coverage: 3MG1's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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