Ming Fai International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ming Fai International Holdings has a total shareholder equity of HK$1.2B and total debt of HK$66.5M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are HK$2.0B and HK$772.0M respectively. Ming Fai International Holdings's EBIT is HK$144.1M making its interest coverage ratio 431.3. It has cash and short-term investments of HK$376.8M.
Key information
5.6%
Debt to equity ratio
HK$66.46m
Debt
| Interest coverage ratio | 431.3x |
| Cash | HK$376.79m |
| Equity | HK$1.19b |
| Total liabilities | HK$772.01m |
| Total assets | HK$1.97b |
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
Should 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$1.4B) exceed its short term liabilities (HK$748.6M).
Long Term Liabilities: 3828's short term assets (HK$1.4B) exceed its long term liabilities (HK$23.4M).
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 increased from 4.6% to 5.6% over the past 5 years.
Debt Coverage: 3828's debt is well covered by operating cash flow (344.1%).
Interest Coverage: 3828's interest payments on its debt are well covered by EBIT (431.3x coverage).