Max Sight Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Max Sight Group Holdings has a total shareholder equity of HK$27.9M and total debt of HK$3.2M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are HK$54.4M and HK$26.5M respectively. Max Sight Group Holdings's EBIT is HK$8.9M making its interest coverage ratio 22.9. It has cash and short-term investments of HK$20.7M.
Key information
11.4%
Debt to equity ratio
HK$3.20m
Debt
| Interest coverage ratio | 22.9x |
| Cash | HK$20.67m |
| Equity | HK$27.95m |
| Total liabilities | HK$26.50m |
| Total assets | HK$54.44m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8483's short term assets (HK$31.3M) exceed its short term liabilities (HK$16.0M).
Long Term Liabilities: 8483's short term assets (HK$31.3M) exceed its long term liabilities (HK$10.5M).
Debt to Equity History and Analysis
Debt Level: 8483 has more cash than its total debt.
Reducing Debt: 8483's debt to equity ratio has increased from 0% to 11.4% over the past 5 years.
Debt Coverage: 8483's debt is well covered by operating cash flow (497%).
Interest Coverage: 8483's interest payments on its debt are well covered by EBIT (22.9x coverage).