Magnus Concordia Group Balance Sheet Health
Financial Health criteria checks 3/6
Magnus Concordia Group has a total shareholder equity of HK$207.6M and total debt of HK$172.4M, which brings its debt-to-equity ratio to 83.1%. Its total assets and total liabilities are HK$867.5M and HK$660.0M respectively.
Key information
83.1%
Debt to equity ratio
HK$172.42m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$42.87m |
| Equity | HK$207.56m |
| Total liabilities | HK$659.95m |
| Total assets | HK$867.51m |
Recent financial health updates
Magnus Concordia Group (HKG:1172) Has Debt But No Earnings; Should You Worry?
Mar 08
Is Magnus Concordia Group (HKG:1172) A Risky Investment?
Aug 01Is Magnus Concordia Group (HKG:1172) A Risky Investment?
Dec 09Does Magnus Concordia Group (HKG:1172) Have A Healthy Balance Sheet?
Aug 25Is Magnus Concordia Group (HKG:1172) Using Debt In A Risky Way?
Feb 28Magnus Concordia Group (HKG:1172) Has A Somewhat Strained Balance Sheet
Jul 27Recent updates
Some Confidence Is Lacking In Magnus Concordia Group Limited (HKG:1172) As Shares Slide 26%
Apr 11Magnus Concordia Group (HKG:1172) Has Debt But No Earnings; Should You Worry?
Mar 08Is Magnus Concordia Group (HKG:1172) A Risky Investment?
Aug 01Is Magnus Concordia Group (HKG:1172) A Risky Investment?
Dec 09Does Magnus Concordia Group (HKG:1172) Have A Healthy Balance Sheet?
Aug 25Calculating The Fair Value Of Magnus Concordia Group Limited (HKG:1172)
Jun 27Is Magnus Concordia Group (HKG:1172) Using Debt In A Risky Way?
Feb 28Magnus Concordia Group (HKG:1172) Has A Somewhat Strained Balance Sheet
Jul 27How Much Did Magnus Concordia Group's(HKG:1172) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 06Is Magnus Concordia Group (HKG:1172) Using Debt Sensibly?
Jan 10Magnus Concordia Group's (HKG:1172) Shareholders Are Down 78% On Their Shares
Dec 06
Financial Position Analysis
Short Term Liabilities: 1172's short term assets (HK$446.9M) do not cover its short term liabilities (HK$602.7M).
Long Term Liabilities: 1172's short term assets (HK$446.9M) exceed its long term liabilities (HK$57.3M).
Debt to Equity History and Analysis
Debt Level: 1172's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: 1172's debt to equity ratio has increased from 22.2% to 83.1% 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 1172 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1172 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.5% per year.