M&L Holdings Group Balance Sheet Health
Financial Health criteria checks 6/6
M&L Holdings Group has a total shareholder equity of HK$96.7M and total debt of HK$23.3M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are HK$164.4M and HK$67.8M respectively. M&L Holdings Group's EBIT is HK$2.1M making its interest coverage ratio 0.9. It has cash and short-term investments of HK$29.0M.
Key information
24.1%
Debt to equity ratio
HK$23.29m
Debt
| Interest coverage ratio | 0.9x |
| Cash | HK$28.99m |
| Equity | HK$96.65m |
| Total liabilities | HK$67.75m |
| Total assets | HK$164.41m |
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
Pinning Down M&L Holdings Group Limited's (HKG:8152) P/S Is Difficult Right Now
Sep 27Returns On Capital Are Showing Encouraging Signs At M&L Holdings Group (HKG:8152)
Jul 19Here's Why We Think M&L Holdings Group Limited's (HKG:8152) CEO Compensation Looks Fair
May 23Some 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$123.1M) exceed its short term liabilities (HK$60.9M).
Long Term Liabilities: 8152's short term assets (HK$123.1M) exceed its long term liabilities (HK$6.9M).
Debt to Equity History and Analysis
Debt Level: 8152 has more cash than its total debt.
Reducing Debt: 8152's debt to equity ratio has reduced from 26.2% to 24.1% 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: Whilst unprofitable 8152 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8152 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 66.3% per year.