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$65.14m
Equity	HK$3.55b
Total liabilities	HK$2.88b
Total assets	HK$6.44b

Recent financial health updates

Recent updates

Macau Legend Development Limited's (HKG:1680) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jul 29

Is Macau Legend Development (HKG:1680) A Risky Investment?

Jun 21

Revenues Not Telling The Story For Macau Legend Development Limited (HKG:1680)

Mar 06

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 14

Macau Legend Development (HKG:1680) Is Carrying A Fair Bit Of Debt

Apr 12

Can You Imagine How Macau Legend Development's (HKG:1680) Shareholders Feel About The 26% Share Price Increase?

Mar 08

Should You Review Recent Insider Transactions At Macau Legend Development Limited (HKG:1680)?

Feb 01

What 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 29

Financial 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 (66%) 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 (7.6%).

Interest Coverage: Insufficient data to determine if 1680's interest payments on its debt are well covered by EBIT.

Macau Legend Development Balance Sheet Health

Financial Health criteria checks 0/6

Key information

Recent financial health updates

Is Macau Legend Development (HKG:1680) A Risky Investment?

Is Macau Legend Development (HKG:1680) Using Too Much Debt?

Is Macau Legend Development (HKG:1680) Using Debt In A Risky Way?

Macau Legend Development (HKG:1680) Is Carrying A Fair Bit Of Debt

Recent updates

New major risk - Financial position

Macau Legend Development Limited to Report First Half, 2024 Results on Aug 30, 2024

New minor risk - Share price stability

Macau Legend Development Limited's (HKG:1680) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

New minor risk - Market cap size

Is Macau Legend Development (HKG:1680) A Risky Investment?

Macau Legend Development Limited, Annual General Meeting, Jun 14, 2024

Full year 2023 earnings released: HK$0.001 loss per share (vs HK$0.098 loss in FY 2022)

Macau Legend Development Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Revenues Not Telling The Story For Macau Legend Development Limited (HKG:1680)

Is Macau Legend Development (HKG:1680) Using Too Much Debt?

First half 2023 earnings released: HK$0.029 loss per share (vs HK$0.078 loss in 1H 2022)

Macau Legend Development Limited to Report First Half, 2023 Results on Aug 30, 2023

Shundo Yoshinari entered into the Letter of Intent to acquire Savan Legend Resorts Sole Company Limited from Macau Legend Development Limited (SEHK:1680) for $45 million.

Full year 2022 earnings released: HK$0.098 loss per share (vs HK$0.19 loss in FY 2021)

Macau Legend Development Limited Appoints So Ka Man as Company Secretary and Authorized Representative, Effective 1 December 2022

Less than half of directors are independent

Macau Legend Development Limited Announces Resignation of Tsang Ka Hung as Chief Financial Officer

Is Macau Legend Development (HKG:1680) Using Debt In A Risky Way?

Macau Legend Development Limited Appoints Wong Che Man Eddy as A Non-Executive Director, A Member of the Nomination Committee and A Member of the Remuneration Committee of the Board

First half 2022 earnings released: HK$0.078 loss per share (vs HK$0.11 loss in 1H 2021)

Macau Legend Development Limited to Report First Half, 2022 Results on Sep 09, 2022

Macau Legend Development Limited, Annual General Meeting, Aug 16, 2022

Macau Legend Development Limited to Report Fiscal Year 2021 Results on Jul 18, 2022

Less than half of directors are independent

Macau Legend Development Limited to Report Fiscal Year 2021 Results on May 31, 2022

Macau Legend Development Limited Appoints Chan Mei Yi, Melinda as Chief Executive Officer of the Company

Macau Legend Development Limited Announces Resignation of Independent Non-Executive Director and Change in Composition of Board Committees

Macau Legend Development Limited Announces Resignation of Chan Weng Lin as Chief Executive Officer

First half 2021 earnings released: HK$0.11 loss per share (vs HK$0.089 loss in 1H 2020)

Independent Non-Executive Director Min Xie has left the company

Full year 2020 earnings released: HK$0.32 loss per share (vs HK$0.03 loss in FY 2019)

Macau Legend Development (HKG:1680) Is Carrying A Fair Bit Of Debt

Full year 2020 earnings released

Macau Legend Development Limited Provides Earnings Guidance for the Year Ended 31 December 2020

Macau Legend Development Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

Can You Imagine How Macau Legend Development's (HKG:1680) Shareholders Feel About The 26% Share Price Increase?

New 90-day high: HK$1.19

Should You Review Recent Insider Transactions At Macau Legend Development Limited (HKG:1680)?

New 90-day low: HK$0.94

Macau Legend Development Limited Announces Management Changes

New 90-day low: HK$0.97

What Type Of Shareholders Make Up Macau Legend Development Limited's (HKG:1680) Share Registry?

Macau Legend Development's (HKG:1680) Shareholders Are Down 19% On Their Shares

Co-Chairman recently sold HK$3.7m worth of stock

Chan Weng Lin completed the acquisition of 20.6% stake in Macau Legend Development Limited (SEHK:1680) from David Chow, All Landmark Properties Limited and PacBridge Capital Partners (HK) Limited.

First half earnings released

New 90-day low - HK$0.89

First half earnings released

New 90-day low - HK$0.90

Macau Legend Development Limited to Report First Half, 2020 Results on Aug 27, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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