MS Concept Balance Sheet Health
Financial Health criteria checks 5/6
MS Concept has a total shareholder equity of HK$15.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$118.9M and HK$103.7M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$26.54m |
| Equity | HK$15.13m |
| Total liabilities | HK$103.72m |
| Total assets | HK$118.85m |
Recent financial health updates
Here's Why MS Concept (HKG:8447) Can Afford Some Debt
Sep 11
Is MS Concept (HKG:8447) Using Debt In A Risky Way?
Mar 21Would MS Concept (HKG:8447) Be Better Off With Less Debt?
Sep 02Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?
Mar 21Is MS Concept (HKG:8447) Using Too Much Debt?
Sep 06MS Concept (HKG:8447) Takes On Some Risk With Its Use Of Debt
Dec 10Recent updates
A Look At The Fair Value Of MS Concept Limited (HKG:8447)
Oct 03Shareholders May Be Wary Of Increasing MS Concept Limited's (HKG:8447) CEO Compensation Package
Jul 26Improved Revenues Required Before MS Concept Limited (HKG:8447) Shares Find Their Feet
Jun 24MS Concept Limited's (HKG:8447) Shares Lagging The Industry But So Is The Business
Dec 30Here's Why MS Concept (HKG:8447) Can Afford Some Debt
Sep 11Is MS Concept (HKG:8447) Using Debt In A Risky Way?
Mar 21Would MS Concept (HKG:8447) Be Better Off With Less Debt?
Sep 02Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?
Mar 21Is MS Concept (HKG:8447) Using Too Much Debt?
Sep 06Does The Market Have A Low Tolerance For MS Concept Limited's (HKG:8447) Mixed Fundamentals?
Feb 08MS Concept (HKG:8447) Takes On Some Risk With Its Use Of Debt
Dec 10Financial Position Analysis
Short Term Liabilities: 8447's short term assets (HK$41.0M) do not cover its short term liabilities (HK$67.4M).
Long Term Liabilities: 8447's short term assets (HK$41.0M) exceed its long term liabilities (HK$36.3M).
Debt to Equity History and Analysis
Debt Level: 8447 is debt free.
Reducing Debt: 8447 has no debt compared to 5 years ago when its debt to equity ratio was 29.8%.
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 8447 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8447 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.3% per year.