Maxicity Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Maxicity Holdings has a total shareholder equity of HK$143.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$167.1M and HK$24.0M respectively. Maxicity Holdings's EBIT is HK$11.7M making its interest coverage ratio -2.7. It has cash and short-term investments of HK$114.6M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -2.7x |
| Cash | HK$114.56m |
| Equity | HK$143.08m |
| Total liabilities | HK$23.98m |
| Total assets | HK$167.06m |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Maxicity Holdings (HKG:2295)
Apr 25
Maxicity Holdings Limited's (HKG:2295) Popularity With Investors Under Threat As Stock Sinks 29%
Apr 17Subdued Growth No Barrier To Maxicity Holdings Limited (HKG:2295) With Shares Advancing 34%
Feb 11Subdued Growth No Barrier To Maxicity Holdings Limited's (HKG:2295) Price
Dec 27Does Maxicity Holdings (HKG:8216) Deserve A Spot On Your Watchlist?
Dec 03With EPS Growth And More, Maxicity Holdings (HKG:8216) Is Interesting
Mar 17Investors Who Bought Maxicity Holdings (HKG:8216) Shares A Year Ago Are Now Up 200%
Feb 17A Closer Look At Maxicity Holdings Limited's (HKG:8216) Impressive ROE
Dec 29
Financial Position Analysis
Short Term Liabilities: 2295's short term assets (HK$160.2M) exceed its short term liabilities (HK$23.0M).
Long Term Liabilities: 2295's short term assets (HK$160.2M) exceed its long term liabilities (HK$959.0K).
Debt to Equity History and Analysis
Debt Level: 2295 is debt free.
Reducing Debt: 2295 has no debt compared to 5 years ago when its debt to equity ratio was 18.6%.
Debt Coverage: 2295 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2295 has no debt, therefore coverage of interest payments is not a concern.