Minmetals Land Balance Sheet Health
Financial Health criteria checks 2/6
Minmetals Land has a total shareholder equity of HK$12.3B and total debt of HK$22.2B, which brings its debt-to-equity ratio to 180.7%. Its total assets and total liabilities are HK$47.6B and HK$35.3B respectively.
Key information
180.7%
Debt to equity ratio
HK$22.18b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.96b |
| Equity | HK$12.27b |
| Total liabilities | HK$35.35b |
| Total assets | HK$47.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ONF's short term assets (HK$41.4B) exceed its short term liabilities (HK$28.2B).
Long Term Liabilities: ONF's short term assets (HK$41.4B) exceed its long term liabilities (HK$7.1B).
Debt to Equity History and Analysis
Debt Level: ONF's net debt to equity ratio (156.6%) is considered high.
Reducing Debt: ONF's debt to equity ratio has increased from 103.4% to 180.7% over the past 5 years.
Debt Coverage: ONF's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: Insufficient data to determine if ONF's interest payments on its debt are well covered by EBIT.