Modern Healthcare Technology Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Modern Healthcare Technology Holdings has a total shareholder equity of HK$180.3M and total debt of HK$686.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are HK$585.7M and HK$405.4M respectively. Modern Healthcare Technology Holdings's EBIT is HK$34.2M making its interest coverage ratio 38.8. It has cash and short-term investments of HK$190.9M.
Key information
0.4%
Debt to equity ratio
HK$686.00k
Debt
| Interest coverage ratio | 38.8x |
| Cash | HK$190.92m |
| Equity | HK$180.33m |
| Total liabilities | HK$405.37m |
| Total assets | HK$585.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M3L's short term assets (HK$353.6M) do not cover its short term liabilities (HK$367.2M).
Long Term Liabilities: M3L's short term assets (HK$353.6M) exceed its long term liabilities (HK$38.2M).
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 0.4% over the past 5 years.
Debt Coverage: M3L's debt is well covered by operating cash flow (11465.9%).
Interest Coverage: M3L's interest payments on its debt are well covered by EBIT (38.8x coverage).