Macau Legend Development Balance Sheet Health
Financial Health criteria checks 0/6
Macau Legend Development has a total shareholder equity of HK$3.6B and total debt of HK$2.4B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are HK$6.4B and HK$2.9B respectively.
Key information
67.9%
Debt to equity ratio
HK$2.41b
Debt
Interest coverage ratio | n/a |
Cash | HK$81.65m |
Equity | HK$3.55b |
Total liabilities | HK$2.88b |
Total assets | HK$6.44b |
Recent financial health updates
Is Macau Legend Development (HKG:1680) A Risky Investment?
Sep 26Is Macau Legend Development (HKG:1680) A Risky Investment?
Jun 21Is Macau Legend Development (HKG:1680) Using Too Much Debt?
Sep 22Is Macau Legend Development (HKG:1680) Using Debt In A Risky Way?
Sep 14Macau Legend Development (HKG:1680) Is Carrying A Fair Bit Of Debt
Apr 12Recent updates
Subdued Growth No Barrier To Macau Legend Development Limited (HKG:1680) With Shares Advancing 47%
Oct 02Is Macau Legend Development (HKG:1680) A Risky Investment?
Sep 26Macau Legend Development Limited's (HKG:1680) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 29Is Macau Legend Development (HKG:1680) A Risky Investment?
Jun 21Revenues Not Telling The Story For Macau Legend Development Limited (HKG:1680)
Mar 06Is Macau Legend Development (HKG:1680) Using Too Much Debt?
Sep 22Is Macau Legend Development (HKG:1680) Using Debt In A Risky Way?
Sep 14Macau Legend Development (HKG:1680) Is Carrying A Fair Bit Of Debt
Apr 12Can You Imagine How Macau Legend Development's (HKG:1680) Shareholders Feel About The 26% Share Price Increase?
Mar 08Should You Review Recent Insider Transactions At Macau Legend Development Limited (HKG:1680)?
Feb 01What Type Of Shareholders Make Up Macau Legend Development Limited's (HKG:1680) Share Registry?
Dec 26Macau Legend Development's (HKG:1680) Shareholders Are Down 19% On Their Shares
Nov 29Financial Position Analysis
Short Term Liabilities: 1680's short term assets (HK$176.6M) do not cover its short term liabilities (HK$2.7B).
Long Term Liabilities: 1680's short term assets (HK$176.6M) do not cover its long term liabilities (HK$209.6M).
Debt to Equity History and Analysis
Debt Level: 1680's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: 1680's debt to equity ratio has increased from 25.5% to 67.9% over the past 5 years.
Debt Coverage: 1680's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: Insufficient data to determine if 1680's interest payments on its debt are well covered by EBIT.