Mexan Balance Sheet Health
Financial Health criteria checks 4/6
Mexan has a total shareholder equity of HK$389.6M and total debt of HK$131.6M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are HK$584.9M and HK$195.3M respectively.
Key information
33.8%
Debt to equity ratio
HK$131.61m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$58.16m |
| Equity | HK$389.60m |
| Total liabilities | HK$195.28m |
| Total assets | HK$584.88m |
Recent financial health updates
Would Mexan (HKG:22) Be Better Off With Less Debt?
Sep 27
Mexan (HKG:22) Is Making Moderate Use Of Debt
Jul 20Is Mexan (HKG:22) A Risky Investment?
Mar 16We Think Mexan (HKG:22) Has A Fair Chunk Of Debt
Sep 10Does Mexan (HKG:22) Have A Healthy Balance Sheet?
Jan 07Recent updates
Mexan Limited (HKG:22) Screens Well But There Might Be A Catch
Apr 16Would Mexan (HKG:22) Be Better Off With Less Debt?
Sep 27The Market Doesn't Like What It Sees From Mexan Limited's (HKG:22) Revenues Yet
Aug 01Mexan (HKG:22) Is Making Moderate Use Of Debt
Jul 20Is Mexan (HKG:22) A Risky Investment?
Mar 16We Think Mexan (HKG:22) Has A Fair Chunk Of Debt
Sep 10Does Mexan (HKG:22) Have A Healthy Balance Sheet?
Jan 07Financial Position Analysis
Short Term Liabilities: 22's short term assets (HK$103.6M) do not cover its short term liabilities (HK$110.4M).
Long Term Liabilities: 22's short term assets (HK$103.6M) exceed its long term liabilities (HK$84.9M).
Debt to Equity History and Analysis
Debt Level: 22's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 22's debt to equity ratio has increased from 7.5% to 33.8% 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: 22 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 22 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 11% each year