Miricor Enterprises Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Miricor Enterprises Holdings has a total shareholder equity of HK$137.5M and total debt of HK$15.8M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are HK$513.0M and HK$375.5M respectively.
Key information
11.5%
Debt to equity ratio
HK$15.84m
Debt
Interest coverage ratio | n/a |
Cash | HK$97.78m |
Equity | HK$137.53m |
Total liabilities | HK$375.51m |
Total assets | HK$513.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1827's short term assets (HK$273.0M) do not cover its short term liabilities (HK$297.7M).
Long Term Liabilities: 1827's short term assets (HK$273.0M) exceed its long term liabilities (HK$77.8M).
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 11.5% over the past 5 years.
Debt Coverage: 1827's debt is well covered by operating cash flow (441.4%).
Interest Coverage: Insufficient data to determine if 1827's interest payments on its debt are well covered by EBIT.