MS Concept Balance Sheet Health

Financial Health criteria checks 4/6

MS Concept has a total shareholder equity of HK$28.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$134.1M and HK$106.0M respectively.

Key information

Debt to equity ratio

HK$0

Debt

Interest coverage ratio	n/a
Cash	HK$29.10m
Equity	HK$28.10m
Total liabilities	HK$105.95m
Total assets	HK$134.05m

Recent financial health updates

Recent updates

Improved Revenues Required Before MS Concept Limited (HKG:8447) Shares Find Their Feet

Jun 24

MS Concept Limited's (HKG:8447) Shares Lagging The Industry But So Is The Business

Dec 30

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 21

Would MS Concept (HKG:8447) Be Better Off With Less Debt?

Sep 02

Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?

Mar 21

Is MS Concept (HKG:8447) Using Too Much Debt?

Sep 06

Does The Market Have A Low Tolerance For MS Concept Limited's (HKG:8447) Mixed Fundamentals?

Feb 08

MS Concept (HKG:8447) Takes On Some Risk With Its Use Of Debt

Dec 10

Financial Position Analysis

Short Term Liabilities: 8447's short term assets (HK$43.7M) do not cover its short term liabilities (HK$57.0M).

Long Term Liabilities: 8447's short term assets (HK$43.7M) do not cover its long term liabilities (HK$48.9M).

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 27.4%.

Debt Coverage: 8447 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8447 has no debt, therefore coverage of interest payments is not a concern.

MS Concept Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Here's Why MS Concept (HKG:8447) Can Afford Some Debt

Is MS Concept (HKG:8447) Using Debt In A Risky Way?

Would MS Concept (HKG:8447) Be Better Off With Less Debt?

Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?

Is MS Concept (HKG:8447) Using Too Much Debt?

MS Concept (HKG:8447) Takes On Some Risk With Its Use Of Debt

Recent updates

Improved Revenues Required Before MS Concept Limited (HKG:8447) Shares Find Their Feet

Full year 2024 earnings released: HK$0.019 loss per share (vs HK$0.004 profit in FY 2023)

MS Concept Limited, Annual General Meeting, Aug 02, 2024

New minor risk - Share price stability

MS Concept Limited to Report Fiscal Year 2024 Results on Jun 21, 2024

New minor risk - Financial data availability

MS Concept Limited's (HKG:8447) Shares Lagging The Industry But So Is The Business

New major risk - Revenue and earnings growth

MS Concept Limited to Report First Half, 2024 Results on Nov 10, 2023

Here's Why MS Concept (HKG:8447) Can Afford Some Debt

First quarter 2024 earnings released: EPS: HK$0 (vs HK$0.004 in 1Q 2023)

MS Concept Limited to Report Q1, 2024 Results on Aug 10, 2023

MS Concept Limited, Annual General Meeting, Jul 28, 2023

New minor risk - Earnings quality

New minor risk - Share price stability

Full year 2023 earnings released: EPS: HK$0.004 (vs HK$0.005 loss in FY 2022)

MS Concept Limited to Report Fiscal Year 2023 Results on Jun 13, 2023

Is MS Concept (HKG:8447) Using Debt In A Risky Way?

Third quarter 2023 earnings released: EPS: HK$0.003 (vs HK$0.001 in 3Q 2022)

MS Concept Limited to Report Nine Months, 2023 Results on Feb 10, 2023

Second quarter 2023 earnings released: EPS: HK$0.002 (vs HK$0.003 in 2Q 2022)

Insufficient new directors

MS Concept Limited to Report First Half, 2023 Results on Nov 14, 2022

Would MS Concept (HKG:8447) Be Better Off With Less Debt?

First quarter 2023 earnings released: EPS: HK$0.004 (vs HK$0.001 in 1Q 2022)

MS Concept Limited to Report Q1, 2023 Results on Aug 10, 2022

MS Concept Limited, Annual General Meeting, Aug 02, 2022

Full year 2022 earnings released: HK$0.005 loss per share (vs HK$0.004 profit in FY 2021)

MS Concept Limited Provides Earning Guidance for the Year Ended 31 March 2022

MS Concept Limited to Report Fiscal Year 2022 Results on Jun 15, 2022

Insufficient new directors

Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?

Insufficient new directors

MS Concept Limited Provides Preliminary Consolidated Earnings Guidance for the Nine Months Ended 31 December 2021

Second quarter 2022 earnings released: EPS HK$0.003 (vs HK$0.002 loss in 2Q 2021)

Is MS Concept (HKG:8447) Using Too Much Debt?

First quarter 2022 earnings released: EPS HK$0.001 (vs HK$0.005 in 1Q 2021)

Full year 2021 earnings released: EPS HK$0.004 (vs HK$0.003 loss in FY 2020)

Does The Market Have A Low Tolerance For MS Concept Limited's (HKG:8447) Mixed Fundamentals?

Third quarter 2021 earnings released: EPS HK$0.003 (vs HK$0.002 in 3Q 2020)

MS Concept Limited to Report Nine Months, 2021 Results on Feb 05, 2021

MS Concept (HKG:8447) Takes On Some Risk With Its Use Of Debt

Second quarter 2021 earnings released: HK$0.002 loss per share

MS Concept Limited to Report First Half, 2021 Results on Nov 12, 2020

First quarter earnings released

First quarter earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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