New Media Lab Balance Sheet Health
Financial Health criteria checks 6/6
New Media Lab has a total shareholder equity of HK$200.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$288.2M and HK$87.7M respectively. New Media Lab's EBIT is HK$19.7M making its interest coverage ratio -7.3. It has cash and short-term investments of HK$156.8M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -7.3x |
| Cash | HK$156.81m |
| Equity | HK$200.52m |
| Total liabilities | HK$87.70m |
| Total assets | HK$288.21m |
Financial Position Analysis
Short Term Liabilities: 1284's short term assets (HK$218.5M) exceed its short term liabilities (HK$40.7M).
Long Term Liabilities: 1284's short term assets (HK$218.5M) exceed its long term liabilities (HK$47.0M).
Debt to Equity History and Analysis
Debt Level: 1284 is debt free.
Reducing Debt: 1284 had no debt 5 years ago.
Debt Coverage: 1284 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1284 has no debt, therefore coverage of interest payments is not a concern.