MGM China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
MGM China Holdings has a total shareholder equity of HK$-52.2M and total debt of HK$23.8B, which brings its debt-to-equity ratio to -45497.5%. Its total assets and total liabilities are HK$30.0B and HK$30.1B respectively. MGM China Holdings's EBIT is HK$6.2B making its interest coverage ratio 3.8. It has cash and short-term investments of HK$5.2B.
Key information
-45,497.5%
Debt to equity ratio
HK$23.77b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$5.21b |
| Equity | -HK$52.24m |
| Total liabilities | HK$30.09b |
| Total assets | HK$30.03b |
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 Limited's (HKG:2282) Shares May Have Run Too Fast Too Soon
Oct 18When Should You Buy MGM China Holdings Limited (HKG:2282)?
Sep 30MGM China Holdings (HKG:2282) Could Become A Multi-Bagger
Sep 03Analysts Are Updating Their MGM China Holdings Limited (HKG:2282) Estimates After Its Second-Quarter Results
Aug 12What MGM China Holdings Limited's (HKG:2282) P/S Is Not Telling You
May 23Is Now The Time To Look At Buying MGM China Holdings Limited (HKG:2282)?
May 06MGM 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 (37.2%).
Interest Coverage: 2282's interest payments on its debt are well covered by EBIT (3.8x coverage).