Midland Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Midland Holdings has a total shareholder equity of HK$657.2M and total debt of HK$169.9M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are HK$3.6B and HK$2.9B respectively.
Key information
25.9%
Debt to equity ratio
HK$169.89m
Debt
Interest coverage ratio | n/a |
Cash | HK$532.15m |
Equity | HK$657.19m |
Total liabilities | HK$2.91b |
Total assets | HK$3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTK's short term assets (HK$3.1B) exceed its short term liabilities (HK$2.8B).
Long Term Liabilities: MTK's short term assets (HK$3.1B) exceed its long term liabilities (HK$115.2M).
Debt to Equity History and Analysis
Debt Level: MTK has more cash than its total debt.
Reducing Debt: MTK's debt to equity ratio has increased from 17.5% to 25.9% 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: Insufficient data to determine if MTK has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MTK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.