Miramar Hotel and Investment Company Balance Sheet Health
Financial Health criteria checks 6/6
Miramar Hotel and Investment Company has a total shareholder equity of HK$20.7B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$22.0B and HK$1.3B respectively. Miramar Hotel and Investment Company's EBIT is HK$970.9M making its interest coverage ratio 428.1. It has cash and short-term investments of HK$5.7B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 428.1x |
| Cash | HK$5.66b |
| Equity | HK$20.67b |
| Total liabilities | HK$1.30b |
| Total assets | HK$21.97b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Miramar Hotel and Investment Company's (HKG:71) Earnings
May 01
Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.30
Apr 25Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.30
Mar 21Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.23
Aug 28Miramar Hotel and Investment Company (HKG:71) Is Increasing Its Dividend To HK$0.29
May 21Miramar Hotel and Investment Company's (HKG:71) Shareholders Will Receive A Bigger Dividend Than Last Year
May 07Miramar Hotel and Investment Company's (HKG:71) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Miramar Hotel and Investment Company (HKG:71) Has Announced That It Will Be Increasing Its Dividend To HK$0.29
Mar 20Calculating The Intrinsic Value Of Miramar Hotel and Investment Company, Limited (HKG:71)
Nov 18Miramar Hotel and Investment Company (HKG:71) May Have Issues Allocating Its Capital
Oct 16Miramar Hotel and Investment Company's (HKG:71) Dividend Will Be Increased To HK$0.21
Aug 22Miramar Hotel and Investment Company (HKG:71) Is Paying Out Less In Dividends Than Last Year
Jun 08Miramar Hotel and Investment Company (HKG:71) Will Pay A Smaller Dividend Than Last Year
Apr 28Miramar Hotel and Investment Company's (HKG:71) Dividend Will Be Reduced To HK$0.26
Mar 23Miramar Hotel and Investment Company (HKG:71) Is Reducing Its Dividend To HK$0.20
Sep 19Be Wary Of Miramar Hotel and Investment Company (HKG:71) And Its Returns On Capital
Sep 16Miramar Hotel and Investment Company's (HKG:71) Dividend Will Be Reduced To HK$0.20
Aug 21Miramar Hotel and Investment Company's (HKG:71) Returns On Capital Not Reflecting Well On The Business
May 03A Look At The Fair Value Of Miramar Hotel and Investment Company, Limited (HKG:71)
Apr 05What Is The Ownership Structure Like For Miramar Hotel and Investment Company, Limited (HKG:71)?
Mar 16Should You Buy Miramar Hotel and Investment Company, Limited (HKG:71) For Its 4.0% Dividend?
Feb 22What Type Of Returns Would Miramar Hotel and Investment Company's(HKG:71) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 02
Are Miramar Hotel and Investment Company's (HKG:71) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 18We're Watching These Trends At Miramar Hotel and Investment Company (HKG:71)
Jan 04Have Insiders Been Buying Miramar Hotel and Investment Company, Limited (HKG:71) Shares This Year?
Dec 18Do Institutions Own Miramar Hotel and Investment Company, Limited (HKG:71) Shares?
Dec 03Should Miramar Hotel and Investment Company, Limited (HKG:71) Be Part Of Your Income Portfolio?
Nov 18Financial Position Analysis
Short Term Liabilities: 71's short term assets (HK$6.1B) exceed its short term liabilities (HK$741.9M).
Long Term Liabilities: 71's short term assets (HK$6.1B) exceed its long term liabilities (HK$557.3M).
Debt to Equity History and Analysis
Debt Level: 71 is debt free.
Reducing Debt: 71 has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.
Debt Coverage: 71 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 71 has no debt, therefore coverage of interest payments is not a concern.