Modern Healthcare Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Modern Healthcare Technology Holdings has a total shareholder equity of HK$194.4M and total debt of HK$952.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are HK$611.0M and HK$416.6M respectively. Modern Healthcare Technology Holdings's EBIT is HK$18.3M making its interest coverage ratio 10.3. It has cash and short-term investments of HK$193.7M.
Key information
0.5%
Debt to equity ratio
HK$952.00k
Debt
Interest coverage ratio | 10.3x |
Cash | HK$193.66m |
Equity | HK$194.39m |
Total liabilities | HK$416.65m |
Total assets | HK$611.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3L's short term assets (HK$363.3M) exceed its short term liabilities (HK$361.2M).
Long Term Liabilities: M3L's short term assets (HK$363.3M) exceed its long term liabilities (HK$55.5M).
Debt to Equity History and Analysis
Debt Level: M3L has more cash than its total debt.
Reducing Debt: M3L's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: M3L's debt is well covered by operating cash flow (12908.9%).
Interest Coverage: M3L's interest payments on its debt are well covered by EBIT (10.3x coverage).