Macau Legend Development Balance Sheet Health
Financial Health criteria checks 2/6
Macau Legend Development has a total shareholder equity of HK$3.7B and total debt of HK$2.6B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are HK$6.9B and HK$3.2B respectively.
Key information
69.3%
Debt to equity ratio
HK$2.57b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$81.01m |
| Equity | HK$3.71b |
| Total liabilities | HK$3.16b |
| Total assets | HK$6.86b |
Recent financial health updates
Is Macau Legend Development (HKG:1680) Using Too Much Debt?
Sep 22
Is 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
Revenues 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 26
Macau 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$210.5M) do not cover its short term liabilities (HK$1.0B).
Long Term Liabilities: 1680's short term assets (HK$210.5M) do not cover its long term liabilities (HK$2.1B).
Debt to Equity History and Analysis
Debt Level: 1680's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: 1680's debt to equity ratio has increased from 26.7% to 69.3% 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 1680 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1680 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.9% per year.