Man Shing Global Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Man Shing Global Holdings has a total shareholder equity of HK$139.1M and total debt of HK$17.2M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are HK$345.5M and HK$206.4M respectively. Man Shing Global Holdings's EBIT is HK$22.4M making its interest coverage ratio 4.2. It has cash and short-term investments of HK$73.2M.
Key information
12.4%
Debt to equity ratio
HK$17.24m
Debt
| Interest coverage ratio | 4.2x |
| Cash | HK$73.19m |
| Equity | HK$139.14m |
| Total liabilities | HK$206.37m |
| Total assets | HK$345.52m |
Recent financial health updates
We Think Man Shing Global Holdings (HKG:8309) Can Stay On Top Of Its Debt
Mar 22
Man Shing Global Holdings (HKG:8309) Could Easily Take On More Debt
Dec 22Does Man Shing Global Holdings (HKG:8309) Have A Healthy Balance Sheet?
Jul 22Here's Why Man Shing Global Holdings (HKG:8309) Has A Meaningful Debt Burden
Dec 03Man Shing Global Holdings (HKG:8309) Has A Rock Solid Balance Sheet
Dec 08Recent updates
Man Shing Global Holdings' (HKG:8309) Soft Earnings Are Actually Better Than They Appear
Jul 03Man Shing Global Holdings (HKG:8309) Might Have The Makings Of A Multi-Bagger
Apr 24Man Shing Global Holdings (HKG:8309) Is Experiencing Growth In Returns On Capital
May 14We Think Man Shing Global Holdings (HKG:8309) Can Stay On Top Of Its Debt
Mar 22Return Trends At Man Shing Global Holdings (HKG:8309) Aren't Appealing
Feb 01Man Shing Global Holdings (HKG:8309) Could Easily Take On More Debt
Dec 22Man Shing Global Holdings (HKG:8309) Will Want To Turn Around Its Return Trends
Sep 14Does Man Shing Global Holdings (HKG:8309) Have A Healthy Balance Sheet?
Jul 22Here's Why Man Shing Global Holdings (HKG:8309) Has A Meaningful Debt Burden
Dec 03Man Shing Global Holdings' (HKG:8309) Returns On Capital Not Reflecting Well On The Business
Sep 06Shareholders May Be More Conservative With Man Shing Global Holdings Limited's (HKG:8309) CEO Compensation For Now
Jul 29Should You Be Adding Man Shing Global Holdings (HKG:8309) To Your Watchlist Today?
Jun 11Man Shing Global Holdings Limited's (HKG:8309) Shares Bounce 53% But Its Business Still Trails The Market
May 07Some Investors May Be Worried About Man Shing Global Holdings' (HKG:8309) Returns On Capital
Apr 29Is Now The Time To Put Man Shing Global Holdings (HKG:8309) On Your Watchlist?
Mar 01What We Learned About Man Shing Global Holdings' (HKG:8309) CEO Pay
Feb 01Here's Why Man Shing Global Holdings's (HKG:8309) Statutory Earnings Are Arguably Too Conservative
Jan 04Man Shing Global Holdings (HKG:8309) Has A Rock Solid Balance Sheet
Dec 08Financial Position Analysis
Short Term Liabilities: 8309's short term assets (HK$271.3M) exceed its short term liabilities (HK$169.4M).
Long Term Liabilities: 8309's short term assets (HK$271.3M) exceed its long term liabilities (HK$37.0M).
Debt to Equity History and Analysis
Debt Level: 8309 has more cash than its total debt.
Reducing Debt: 8309's debt to equity ratio has reduced from 26% to 12.4% over the past 5 years.
Debt Coverage: 8309's debt is well covered by operating cash flow (333.8%).
Interest Coverage: 8309's interest payments on its debt are well covered by EBIT (4.2x coverage).