MIE Holdings Corporation

SEHK:1555 Stock Report

Market Cap: HK$94.8m

MIE Holdings Balance Sheet Health

Financial Health criteria checks 2/6

MIE Holdings has a total shareholder equity of CN¥-2.0B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to -140.1%. Its total assets and total liabilities are CN¥1.6B and CN¥3.6B respectively. MIE Holdings's EBIT is CN¥240.1M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥76.1M.

Key information

-140.1%

Debt to equity ratio

CN¥2.84b

Debt

Interest coverage ratio0.7x
CashCN¥76.09m
Equity-CN¥2.03b
Total liabilitiesCN¥3.64b
Total assetsCN¥1.62b

Recent financial health updates

No updates

Recent updates

Sentiment Still Eluding MIE Holdings Corporation (HKG:1555)

Apr 21
Sentiment Still Eluding MIE Holdings Corporation (HKG:1555)

The Trend Of High Returns At MIE Holdings (HKG:1555) Has Us Very Interested

Jan 26
The Trend Of High Returns At MIE Holdings (HKG:1555) Has Us Very Interested

A Look At MIE Holdings' (HKG:1555) Share Price Returns

Mar 09
A Look At MIE Holdings' (HKG:1555) Share Price Returns

Financial Position Analysis

Short Term Liabilities: 1555 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 1555 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1555 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 1555's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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 1555 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1555 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.6% per year.


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