MMG Balance Sheet Health
Financial Health criteria checks 2/6
MMG has a total shareholder equity of $4.3B and total debt of $4.7B, which brings its debt-to-equity ratio to 109.2%. Its total assets and total liabilities are $11.9B and $7.6B respectively. MMG's EBIT is $511.0M making its interest coverage ratio 1.7. It has cash and short-term investments of $447.0M.
Key information
109.2%
Debt to equity ratio
US$4.71b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$447.00m |
| Equity | US$4.31b |
| Total liabilities | US$7.59b |
| Total assets | US$11.90b |
Recent financial health updates
Does MMG (HKG:1208) Have A Healthy Balance Sheet?
Apr 08
Does MMG (HKG:1208) Have A Healthy Balance Sheet?
Dec 13These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively
Sep 11These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively
Apr 25MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt
Dec 19MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt
Sep 16Recent updates
What MMG Limited's (HKG:1208) 25% Share Price Gain Is Not Telling You
Apr 19Does MMG (HKG:1208) Have A Healthy Balance Sheet?
Apr 08We Think You Can Look Beyond MMG's (HKG:1208) Lackluster Earnings
Mar 12MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 07Revenues Tell The Story For MMG Limited (HKG:1208)
Jan 18Does MMG (HKG:1208) Have A Healthy Balance Sheet?
Dec 13Be Wary Of MMG (HKG:1208) And Its Returns On Capital
Oct 04These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively
Sep 11Here's What To Make Of MMG's (HKG:1208) Decelerating Rates Of Return
Jun 28These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively
Apr 25Return Trends At MMG (HKG:1208) Aren't Appealing
Mar 30MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt
Dec 19We Like These Underlying Return On Capital Trends At MMG (HKG:1208)
Nov 28MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt
Sep 16Analysts Just Shaved Their MMG Limited (HKG:1208) Forecasts Dramatically
Aug 25MMG Limited (HKG:1208) Could Be Riskier Than It Looks
Aug 21We Like These Underlying Return On Capital Trends At MMG (HKG:1208)
Jul 25MMG (HKG:1208) Has A Pretty Healthy Balance Sheet
Apr 28MMG's (HKG:1208) Solid Profits Have Weak Fundamentals
Mar 31Results: MMG Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 28Returns Are Gaining Momentum At MMG (HKG:1208)
Mar 27These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively
Dec 04Financial Position Analysis
Short Term Liabilities: 1208's short term assets ($1.4B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: 1208's short term assets ($1.4B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: 1208's net debt to equity ratio (98.8%) is considered high.
Reducing Debt: 1208's debt to equity ratio has reduced from 280.8% to 109.2% over the past 5 years.
Debt Coverage: 1208's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 1208's interest payments on its debt are not well covered by EBIT (1.7x coverage).