MGM China Holdings Balance Sheet Health
Financial Health criteria checks 1/6
MGM China Holdings has a total shareholder equity of HK$-1.3B and total debt of HK$24.1B, which brings its debt-to-equity ratio to -1815.7%. Its total assets and total liabilities are HK$29.2B and HK$30.5B respectively. MGM China Holdings's EBIT is HK$4.6B making its interest coverage ratio 2.6. It has cash and short-term investments of HK$4.2B.
Key information
-1,815.7%
Debt to equity ratio
HK$24.10b
Debt
| Interest coverage ratio | 2.6x |
| Cash | HK$4.23b |
| Equity | -HK$1.33b |
| Total liabilities | HK$30.51b |
| Total assets | HK$29.18b |
Recent financial health updates
Is MGM China Holdings (HKG:2282) Weighed On By Its Debt Load?
Mar 21
Does MGM China Holdings (HKG:2282) Have A Healthy Balance Sheet?
Nov 22Would MGM China Holdings (HKG:2282) Be Better Off With Less Debt?
Jun 02MGM China Holdings (HKG:2282) Is Making Moderate Use Of Debt
Feb 27Recent updates
MGM China Holdings' (HKG:2282) Performance Is Even Better Than Its Earnings Suggest
Apr 17Returns On Capital Are A Standout For MGM China Holdings (HKG:2282)
Mar 23MGM China Holdings Limited (HKG:2282) Looks Just Right With A 33% Price Jump
Feb 22Getting In Cheap On MGM China Holdings Limited (HKG:2282) Is Unlikely
Dec 25Is MGM China Holdings Limited (HKG:2282) Trading At A 36% Discount?
Dec 04Is Now An Opportune Moment To Examine MGM China Holdings Limited (HKG:2282)?
Nov 13Is MGM China Holdings Limited (HKG:2282) Trading At A 27% Discount?
Sep 04Is MGM China Holdings Limited (HKG:2282) Potentially Undervalued?
Aug 08Is MGM China Holdings Limited (HKG:2282) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 05Is It Too Late To Consider Buying MGM China Holdings Limited (HKG:2282)?
May 10Why MGM China Holdings Limited (HKG:2282) Could Be Worth Watching
Dec 06MGM China Holdings Limited's (HKG:2282) Intrinsic Value Is Potentially 80% Above Its Share Price
Nov 02Is There An Opportunity With MGM China Holdings Limited's (HKG:2282) 49% Undervaluation?
Jun 28News Flash: Analysts Just Made A Captivating Upgrade To Their MGM China Holdings Limited (HKG:2282) Forecasts
Apr 14Is MGM China Holdings (HKG:2282) Weighed On By Its Debt Load?
Mar 21MGM China Holdings Limited (HKG:2282) Shares Could Be 49% Below Their Intrinsic Value Estimate
Feb 21Does MGM China Holdings (HKG:2282) Have A Healthy Balance Sheet?
Nov 22Would MGM China Holdings (HKG:2282) Be Better Off With Less Debt?
Jun 02Are MGM China Holdings Limited (HKG:2282) Investors Paying Above The Intrinsic Value?
May 07The MGM China Holdings Limited (HKG:2282) Annual Results Are Out And Analysts Have Published New Forecasts
Apr 16What Is MGM China Holdings Limited's (HKG:2282) Share Price Doing?
Mar 22MGM China Holdings (HKG:2282) Is Making Moderate Use Of Debt
Feb 27MGM China Holdings' (HKG:2282) Stock Price Has Reduced 43% In The Past Three Years
Feb 05
Sean Ma of MGM China Holdings Limited (HKG:2282) Just Spent HK$318m On Shares
Jan 06Here's What MGM China Holdings Limited's (HKG:2282) Shareholder Ownership Structure Looks Like
Jan 03Are Investors Undervaluing MGM China Holdings Limited (HKG:2282) By 45%?
Dec 13At HK$11.76, Is MGM China Holdings Limited (HKG:2282) Worth Looking At Closely?
Nov 22Financial Position Analysis
Short Term Liabilities: 2282 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 2282 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2282 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 2282's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 2282's debt is well covered by operating cash flow (34.3%).
Interest Coverage: 2282's interest payments on its debt are not well covered by EBIT (2.6x coverage).