M&L Holdings Group Balance Sheet Health
Financial Health criteria checks 5/6
M&L Holdings Group has a total shareholder equity of HK$104.7M and total debt of HK$31.3M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are HK$180.6M and HK$75.9M respectively. M&L Holdings Group's EBIT is HK$13.9M making its interest coverage ratio 5.5. It has cash and short-term investments of HK$28.3M.
Key information
29.9%
Debt to equity ratio
HK$31.29m
Debt
| Interest coverage ratio | 5.5x |
| Cash | HK$28.30m |
| Equity | HK$104.70m |
| Total liabilities | HK$75.91m |
| Total assets | HK$180.60m |
Recent financial health updates
M&L Holdings Group (HKG:8152) Has A Rock Solid Balance Sheet
Nov 03
M&L Holdings Group (HKG:8152) Is Carrying A Fair Bit Of Debt
Apr 21Does M&L Holdings Group (HKG:8152) Have A Healthy Balance Sheet?
Aug 29Would M&L Holdings Group (HKG:8152) Be Better Off With Less Debt?
Apr 06Here's Why M&L Holdings Group (HKG:8152) Can Afford Some Debt
Sep 08M&L Holdings Group (HKG:8152) Is Making Moderate Use Of Debt
Mar 31Recent updates
Some Confidence Is Lacking In M&L Holdings Group Limited (HKG:8152) As Shares Slide 26%
Feb 02Returns Are Gaining Momentum At M&L Holdings Group (HKG:8152)
Dec 29M&L Holdings Group (HKG:8152) Has A Rock Solid Balance Sheet
Nov 03M&L Holdings Group (HKG:8152) Is Looking To Continue Growing Its Returns On Capital
Sep 25Market Might Still Lack Some Conviction On M&L Holdings Group Limited (HKG:8152) Even After 31% Share Price Boost
Aug 11Returns At M&L Holdings Group (HKG:8152) Appear To Be Weighed Down
Jun 13M&L Holdings Group (HKG:8152) Is Carrying A Fair Bit Of Debt
Apr 21Does M&L Holdings Group (HKG:8152) Have A Healthy Balance Sheet?
Aug 29Would M&L Holdings Group (HKG:8152) Be Better Off With Less Debt?
Apr 06Calculating The Fair Value Of M&L Holdings Group Limited (HKG:8152)
Oct 31Here's Why M&L Holdings Group (HKG:8152) Can Afford Some Debt
Sep 08Most Shareholders Will Probably Agree With M&L Holdings Group Limited's (HKG:8152) CEO Compensation
May 06M&L Holdings Group (HKG:8152) Is Making Moderate Use Of Debt
Mar 31Here's What We Think About M&L Holdings Group's (HKG:8152) CEO Pay
Nov 24Financial Position Analysis
Short Term Liabilities: 8152's short term assets (HK$139.5M) exceed its short term liabilities (HK$68.2M).
Long Term Liabilities: 8152's short term assets (HK$139.5M) exceed its long term liabilities (HK$7.7M).
Debt to Equity History and Analysis
Debt Level: 8152's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 8152's debt to equity ratio has increased from 19.3% to 29.9% over the past 5 years.
Debt Coverage: 8152's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 8152's interest payments on its debt are well covered by EBIT (5.5x coverage).