Miricor Enterprises Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Miricor Enterprises Holdings has a total shareholder equity of HK$136.8M and total debt of HK$12.5M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are HK$479.4M and HK$342.7M respectively.
Key information
9.1%
Debt to equity ratio
HK$12.51m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$145.43m |
| Equity | HK$136.76m |
| Total liabilities | HK$342.68m |
| Total assets | HK$479.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1827's short term assets (HK$282.6M) exceed its short term liabilities (HK$278.0M).
Long Term Liabilities: 1827's short term assets (HK$282.6M) exceed its long term liabilities (HK$64.7M).
Debt to Equity History and Analysis
Debt Level: 1827 has more cash than its total debt.
Reducing Debt: 1827's debt to equity ratio has increased from 0% to 9.1% over the past 5 years.
Debt Coverage: 1827's debt is well covered by operating cash flow (675.1%).
Interest Coverage: Insufficient data to determine if 1827's interest payments on its debt are well covered by EBIT.