Mainland Headwear Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Mainland Headwear Holdings has a total shareholder equity of HK$1.2B and total debt of HK$160.7M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are HK$1.8B and HK$625.4M respectively. Mainland Headwear Holdings's EBIT is HK$145.2M making its interest coverage ratio 11. It has cash and short-term investments of HK$560.9M.
Key information
13.8%
Debt to equity ratio
HK$160.70m
Debt
| Interest coverage ratio | 11x |
| Cash | HK$560.94m |
| Equity | HK$1.16b |
| Total liabilities | HK$625.42m |
| Total assets | HK$1.79b |
Recent financial health updates
Recent updates
Mainland Headwear Holdings' (HKG:1100) Problems Go Beyond Weak Profit
Apr 25
Mainland Headwear Holdings (HKG:1100) Is Paying Out A Dividend Of HK$0.06
Apr 20Mainland Headwear Holdings' (HKG:1100) Dividend Will Be HK$0.06
Apr 04Mainland Headwear Holdings (HKG:1100) Has Announced A Dividend Of HK$0.03
Aug 31Mainland Headwear Holdings (HKG:1100) Has Announced A Dividend Of HK$0.06
Apr 10Mainland Headwear Holdings (HKG:1100) Has Affirmed Its Dividend Of HK$0.06
Mar 27Mainland Headwear Holdings' (HKG:1100) Dividend Will Be HK$0.03
Sep 01Mainland Headwear Holdings (HKG:1100) Has Announced That It Will Be Increasing Its Dividend To HK$0.06
May 27Mainland Headwear Holdings (HKG:1100) Is Increasing Its Dividend To HK$0.06
May 05Mainland Headwear Holdings (HKG:1100) Is Increasing Its Dividend To HK$0.06
Apr 21Mainland Headwear Holdings (HKG:1100) Is Increasing Its Dividend To HK$0.06
Mar 31Mainland Headwear Holdings' (HKG:1100) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 26Here's What You Should Know About Mainland Headwear Holdings Limited's (HKG:1100) 5.4% Dividend Yield
May 04We Think Mainland Headwear Holdings (HKG:1100) Is Taking Some Risk With Its Debt
Mar 30Consider This Before Buying Mainland Headwear Holdings Limited (HKG:1100) For The 5.3% Dividend
Feb 01A Look At The Intrinsic Value Of Mainland Headwear Holdings Limited (HKG:1100)
Dec 28What Can We Make Of Mainland Headwear Holdings' (HKG:1100) CEO Compensation?
Dec 11Should You Use Mainland Headwear Holdings's (HKG:1100) Statutory Earnings To Analyse It?
Nov 20
Financial Position Analysis
Short Term Liabilities: 1100's short term assets (HK$1.1B) exceed its short term liabilities (HK$549.0M).
Long Term Liabilities: 1100's short term assets (HK$1.1B) exceed its long term liabilities (HK$76.4M).
Debt to Equity History and Analysis
Debt Level: 1100 has more cash than its total debt.
Reducing Debt: 1100's debt to equity ratio has reduced from 20.9% to 13.8% over the past 5 years.
Debt Coverage: 1100's debt is well covered by operating cash flow (217.4%).
Interest Coverage: 1100's interest payments on its debt are well covered by EBIT (11x coverage).