Modern Dental Group Balance Sheet Health
Financial Health criteria checks 6/6
Modern Dental Group has a total shareholder equity of HK$2.6B and total debt of HK$676.2M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are HK$4.0B and HK$1.3B respectively. Modern Dental Group's EBIT is HK$538.1M making its interest coverage ratio 13.8. It has cash and short-term investments of HK$737.0M.
Key information
25.6%
Debt to equity ratio
HK$676.19m
Debt
| Interest coverage ratio | 13.8x |
| Cash | HK$736.97m |
| Equity | HK$2.64b |
| Total liabilities | HK$1.31b |
| Total assets | HK$3.95b |
Recent financial health updates
Is Modern Dental Group (HKG:3600) Using Too Much Debt?
Nov 10
Here's Why Modern Dental Group (HKG:3600) Can Manage Its Debt Responsibly
Apr 21These 4 Measures Indicate That Modern Dental Group (HKG:3600) Is Using Debt Reasonably Well
Sep 27These 4 Measures Indicate That Modern Dental Group (HKG:3600) Is Using Debt Safely
Oct 09Recent updates
Modern Dental Group (HKG:3600) Will Pay A Larger Dividend Than Last Year At HK$0.09
Apr 28What Modern Dental Group Limited's (HKG:3600) 27% Share Price Gain Is Not Telling You
Apr 26We Like These Underlying Return On Capital Trends At Modern Dental Group (HKG:3600)
Apr 14Modern Dental Group (HKG:3600) Will Pay A Larger Dividend Than Last Year At HK$0.09
Mar 28At HK$3.63, Is Modern Dental Group Limited (HKG:3600) Worth Looking At Closely?
Jan 23Is Modern Dental Group (HKG:3600) Using Too Much Debt?
Nov 10Modern Dental Group (HKG:3600) Has Announced That It Will Be Increasing Its Dividend To HK$0.06
Sep 01Modern Dental Group (HKG:3600) Is Doing The Right Things To Multiply Its Share Price
Aug 30Here's Why Modern Dental Group (HKG:3600) Can Manage Its Debt Responsibly
Apr 21Calculating The Intrinsic Value Of Modern Dental Group Limited (HKG:3600)
Mar 14Modern Dental Group (HKG:3600) Shareholders Will Want The ROCE Trajectory To Continue
Feb 26What Does Modern Dental Group Limited's (HKG:3600) Share Price Indicate?
Feb 10Estimating The Intrinsic Value Of Modern Dental Group Limited (HKG:3600)
Dec 09The Return Trends At Modern Dental Group (HKG:3600) Look Promising
Nov 25These 4 Measures Indicate That Modern Dental Group (HKG:3600) Is Using Debt Reasonably Well
Sep 27Modern Dental Group (HKG:3600) Has Announced That Its Dividend Will Be Reduced To HK$0.037
Sep 02Is Now The Time To Put Modern Dental Group (HKG:3600) On Your Watchlist?
Jun 28Is There Now An Opportunity In Modern Dental Group Limited (HKG:3600)?
Jun 15We Like These Underlying Return On Capital Trends At Modern Dental Group (HKG:3600)
May 11Modern Dental Group's (HKG:3600) Dividend Is Being Reduced To HK$0.044
Apr 27Earnings Miss: Modern Dental Group Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts
Apr 03When Should You Buy Modern Dental Group Limited (HKG:3600)?
Dec 17These 4 Measures Indicate That Modern Dental Group (HKG:3600) Is Using Debt Safely
Oct 09An Intrinsic Calculation For Modern Dental Group Limited (HKG:3600) Suggests It's 47% Undervalued
Sep 21At HK$7.20, Is It Time To Put Modern Dental Group Limited (HKG:3600) On Your Watch List?
Aug 04Investors Met With Slowing Returns on Capital At Modern Dental Group (HKG:3600)
Jun 14Investors Can Find Comfort In Modern Dental Group's (HKG:3600) Earnings Quality
May 03Should We Be Excited About The Trends Of Returns At Modern Dental Group (HKG:3600)?
Feb 22What Type Of Shareholders Make Up Modern Dental Group Limited's (HKG:3600) Share Registry?
Jan 18
What Type Of Returns Would Modern Dental Group's(HKG:3600) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 14What Can We Conclude About Modern Dental Group's (HKG:3600) CEO Pay?
Nov 22Financial Position Analysis
Short Term Liabilities: 3600's short term assets (HK$1.6B) exceed its short term liabilities (HK$555.0M).
Long Term Liabilities: 3600's short term assets (HK$1.6B) exceed its long term liabilities (HK$754.8M).
Debt to Equity History and Analysis
Debt Level: 3600 has more cash than its total debt.
Reducing Debt: 3600's debt to equity ratio has reduced from 40.6% to 25.6% over the past 5 years.
Debt Coverage: 3600's debt is well covered by operating cash flow (85.1%).
Interest Coverage: 3600's interest payments on its debt are well covered by EBIT (13.8x coverage).