Meilleure Health International Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
Meilleure Health International Industry Group has a total shareholder equity of HK$1.2B and total debt of HK$289.9M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are HK$1.7B and HK$445.5M respectively. Meilleure Health International Industry Group's EBIT is HK$18.6M making its interest coverage ratio -2.3. It has cash and short-term investments of HK$6.6M.
Key information
23.8%
Debt to equity ratio
HK$289.94m
Debt
| Interest coverage ratio | -2.3x |
| Cash | HK$6.64m |
| Equity | HK$1.22b |
| Total liabilities | HK$445.49m |
| Total assets | HK$1.66b |
Recent financial health updates
Meilleure Health International Industry Group (HKG:2327) Has A Somewhat Strained Balance Sheet
Aug 30
Is Meilleure Health International Industry Group (HKG:2327) A Risky Investment?
Sep 06Does Meilleure Health International Industry Group (HKG:2327) Have A Healthy Balance Sheet?
Sep 09Meilleure Health International Industry Group (HKG:2327) Seems To Use Debt Rather Sparingly
Apr 18Recent updates
Meilleure Health International Industry Group (HKG:2327) Has A Somewhat Strained Balance Sheet
Aug 30Meilleure Health International Industry Group Limited's (HKG:2327) 31% Share Price Plunge Could Signal Some Risk
Jul 19Meilleure Health International Industry Group (HKG:2327) Will Be Hoping To Turn Its Returns On Capital Around
Jun 17Optimistic Investors Push Meilleure Health International Industry Group Limited (HKG:2327) Shares Up 32% But Growth Is Lacking
May 03Meilleure Health International Industry Group's (HKG:2327) Earnings Are Of Questionable Quality
Apr 04Some Confidence Is Lacking In Meilleure Health International Industry Group Limited (HKG:2327) As Shares Slide 30%
Feb 28Returns Are Gaining Momentum At Meilleure Health International Industry Group (HKG:2327)
Jan 23Returns At Meilleure Health International Industry Group (HKG:2327) Appear To Be Weighed Down
Aug 17Investors Met With Slowing Returns on Capital At Meilleure Health International Industry Group (HKG:2327)
Oct 18Is Meilleure Health International Industry Group (HKG:2327) A Risky Investment?
Sep 06Investors Will Want Meilleure Health International Industry Group's (HKG:2327) Growth In ROCE To Persist
Jul 12Does Meilleure Health International Industry Group (HKG:2327) Have A Healthy Balance Sheet?
Sep 09Meilleure Health International Industry Group (HKG:2327) Shareholders Will Want The ROCE Trajectory To Continue
May 15Meilleure Health International Industry Group (HKG:2327) Seems To Use Debt Rather Sparingly
Apr 18Did You Miss Meilleure Health International Industry Group's (HKG:2327) Impressive 124% Share Price Gain?
Jan 29
Here's What We Think About Meilleure Health International Industry Group's (HKG:2327) CEO Pay
Dec 08Financial Position Analysis
Short Term Liabilities: 2327's short term assets (HK$700.1M) exceed its short term liabilities (HK$236.1M).
Long Term Liabilities: 2327's short term assets (HK$700.1M) exceed its long term liabilities (HK$209.4M).
Debt to Equity History and Analysis
Debt Level: 2327's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 2327's debt to equity ratio has reduced from 31.3% to 23.8% over the past 5 years.
Debt Coverage: 2327's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 2327 earns more interest than it pays, so coverage of interest payments is not a concern.