Mexan Balance Sheet Health
Financial Health criteria checks 4/6
Mexan has a total shareholder equity of HK$368.9M and total debt of HK$92.4M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are HK$511.6M and HK$142.7M respectively.
Key information
25.0%
Debt to equity ratio
HK$92.36m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$39.68m |
| Equity | HK$368.91m |
| Total liabilities | HK$142.71m |
| Total assets | HK$511.62m |
Recent financial health updates
Is Mexan (HKG:22) A Risky Investment?
Jun 28
Would Mexan (HKG:22) Be Better Off With Less Debt?
Sep 27Mexan (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
A Piece Of The Puzzle Missing From Mexan Limited's (HKG:22) 25% Share Price Climb
Nov 11Mexan Limited's (HKG:22) Shares Not Telling The Full Story
Sep 26Is Mexan (HKG:22) A Risky Investment?
Jun 28Mexan 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$65.5M) exceed its short term liabilities (HK$63.9M).
Long Term Liabilities: 22's short term assets (HK$65.5M) do not cover its long term liabilities (HK$78.8M).
Debt to Equity History and Analysis
Debt Level: 22's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 22's debt to equity ratio has increased from 4.7% to 25% 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 22 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 22 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.1% per year.