Ming Fai International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ming Fai International Holdings has a total shareholder equity of HK$1.2B and total debt of HK$54.2M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are HK$1.9B and HK$668.1M respectively. Ming Fai International Holdings's EBIT is HK$148.4M making its interest coverage ratio -60.7. It has cash and short-term investments of HK$325.3M.
Key information
4.5%
Debt to equity ratio
HK$54.19m
Debt
| Interest coverage ratio | -60.7x |
| Cash | HK$325.25m |
| Equity | HK$1.20b |
| Total liabilities | HK$668.12m |
| Total assets | HK$1.87b |
Recent financial health updates
Does Ming Fai International Holdings (HKG:3828) Have A Healthy Balance Sheet?
Dec 03
Does Ming Fai International Holdings (HKG:3828) Have A Healthy Balance Sheet?
May 07We Think Ming Fai International Holdings (HKG:3828) Can Manage Its Debt With Ease
Dec 29Recent updates
Ming Fai International Holdings' (HKG:3828) Dividend Will Be HK$0.03
Aug 30Should You Be Adding Ming Fai International Holdings (HKG:3828) To Your Watchlist Today?
Jun 20Ming Fai International Holdings' (HKG:3828) Upcoming Dividend Will Be Larger Than Last Year's
May 09Ming Fai International Holdings' (HKG:3828) Earnings Are Weaker Than They Seem
Sep 21The Returns On Capital At Ming Fai International Holdings (HKG:3828) Don't Inspire Confidence
Mar 15Does Ming Fai International Holdings (HKG:3828) Have A Healthy Balance Sheet?
Dec 03Does Ming Fai International Holdings (HKG:3828) Have A Healthy Balance Sheet?
May 07Returns On Capital At Ming Fai International Holdings (HKG:3828) Have Hit The Brakes
Apr 19If You Had Bought Ming Fai International Holdings' (HKG:3828) Shares Three Years Ago You Would Be Down 40%
Mar 02Would Ming Fai International Holdings Limited (HKG:3828) Be Valuable To Income Investors?
Feb 09Will the Promising Trends At Ming Fai International Holdings (HKG:3828) Continue?
Jan 19We Think Ming Fai International Holdings (HKG:3828) Can Manage Its Debt With Ease
Dec 29How Many Ming Fai International Holdings Limited (HKG:3828) Shares Did Insiders Buy, In The Last Year?
Dec 11
If You Had Bought Ming Fai International Holdings' (HKG:3828) Shares Three Years Ago You Would Be Down 38%
Nov 23Financial Position Analysis
Short Term Liabilities: 3828's short term assets (HK$1.3B) exceed its short term liabilities (HK$647.6M).
Long Term Liabilities: 3828's short term assets (HK$1.3B) exceed its long term liabilities (HK$20.5M).
Debt to Equity History and Analysis
Debt Level: 3828 has more cash than its total debt.
Reducing Debt: 3828's debt to equity ratio has reduced from 8.5% to 4.5% over the past 5 years.
Debt Coverage: 3828's debt is well covered by operating cash flow (245.6%).
Interest Coverage: 3828 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:59 |
| End of Day Share Price | 2024/12/19 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ming Fai International Holdings Limited is covered by 6 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 |
|---|---|
| Kam Wai Kwok | CGS International |
| Kenneth Li | Cinda International Research Limited |
| K. Lau | Citigroup Inc |