Momentum Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Momentum Financial Holdings has a total shareholder equity of HK$115.8M and total debt of HK$155.8M, which brings its debt-to-equity ratio to 134.5%. Its total assets and total liabilities are HK$496.3M and HK$380.5M respectively. Momentum Financial Holdings's EBIT is HK$31.5M making its interest coverage ratio 2.6. It has cash and short-term investments of HK$13.5M.
Key information
134.5%
Debt to equity ratio
HK$155.82m
Debt
| Interest coverage ratio | 2.6x |
| Cash | HK$13.49m |
| Equity | HK$115.83m |
| Total liabilities | HK$380.49m |
| Total assets | HK$496.32m |
Recent financial health updates
No updates
Recent updates
Momentum Financial Holdings Limited's (HKG:1152) 45% Dip In Price Shows Sentiment Is Matching Earnings
Oct 16
Investors Give Momentum Financial Holdings Limited (HKG:1152) Shares A 26% Hiding
Aug 30It's Down 51% But Momentum Financial Holdings Limited (HKG:1152) Could Be Riskier Than It Looks
Jul 12Market Still Lacking Some Conviction On Momentum Financial Holdings Limited (HKG:1152)
May 27Little Excitement Around Momentum Financial Holdings Limited's (HKG:1152) Revenues As Shares Take 33% Pounding
Jan 26Here's Why Momentum Financial Holdings (HKG:1152) Has Caught The Eye Of Investors
Jan 02Momentum Financial Holdings Limited's (HKG:1152) Prospects Need A Boost To Lift Shares
Jul 04Financial Position Analysis
Short Term Liabilities: 1152's short term assets (HK$490.1M) exceed its short term liabilities (HK$368.7M).
Long Term Liabilities: 1152's short term assets (HK$490.1M) exceed its long term liabilities (HK$11.8M).
Debt to Equity History and Analysis
Debt Level: 1152's net debt to equity ratio (122.9%) is considered high.
Reducing Debt: 1152's debt to equity ratio has reduced from 157.8% to 134.5% over the past 5 years.
Debt Coverage: 1152's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1152's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:28 |
| End of Day Share Price | 2024/10/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Momentum Financial Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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