MMG Balance Sheet Health
Financial Health criteria checks 3/6
MMG has a total shareholder equity of $6.3B and total debt of $4.6B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are $15.0B and $8.7B respectively. MMG's EBIT is $1.0B making its interest coverage ratio 3.6. It has cash and short-term investments of $192.7M.
Key information
73.72%
Debt to equity ratio
US$4.63b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$192.70m |
| Equity | US$6.28b |
| Total liabilities | US$8.71b |
| Total assets | US$14.99b |
Recent financial health updates
Recent updates
MMG's (HKG:1208) Promising Earnings May Rest On Soft Foundations
May 01
We Like These Underlying Return On Capital Trends At MMG (HKG:1208)
Apr 11MMG Limited (HKG:1208) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 24
Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028
Strategic acquisitions and mine expansions are expected to boost production, improve margins, and drive revenue growth for MMG.MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 06These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively
Mar 05MMG Limited's (HKG:1208) P/E Still Appears To Be Reasonable
Jan 13MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce
Sep 29MMG's (HKG:1208) Earnings Are Weaker Than They Seem
Sep 26MMG Limited's (HKG:1208) 28% Cheaper Price Remains In Tune With Earnings
Aug 14Not Many Are Piling Into MMG Limited (HKG:1208) Stock Yet As It Plummets 30%
Jun 27Financial Position Analysis
Short Term Liabilities: 1208's short term assets ($1.5B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: 1208's short term assets ($1.5B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: 1208's net debt to equity ratio (70.7%) is considered high.
Reducing Debt: 1208's debt to equity ratio has reduced from 284.9% to 73.7% over the past 5 years.
Debt Coverage: 1208's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 1208's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/06 20:08 |
| End of Day Share Price | 2025/06/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
MMG Limited is covered by 25 analysts. 11 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 |
|---|---|
| Ephrem Ravi | Barclays |
| Aleksandra Bukacheva | BMO Capital Markets Equity Research |
| Yan Chen | China International Capital Corporation Limited |