Mei Ah Entertainment Group Balance Sheet Health
Financial Health criteria checks 3/6
Mei Ah Entertainment Group has a total shareholder equity of HK$315.1M and total debt of HK$126.1M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are HK$661.1M and HK$346.1M respectively. Mei Ah Entertainment Group's EBIT is HK$2.7M making its interest coverage ratio 0.4. It has cash and short-term investments of HK$32.6M.
Key information
40.0%
Debt to equity ratio
HK$126.14m
Debt
| Interest coverage ratio | 0.4x |
| Cash | HK$32.59m |
| Equity | HK$315.05m |
| Total liabilities | HK$346.09m |
| Total assets | HK$661.14m |
Recent financial health updates
We Think Mei Ah Entertainment Group (HKG:391) Has A Fair Chunk Of Debt
Jan 10
Is Mei Ah Entertainment Group (HKG:391) A Risky Investment?
Jul 13Auditors Have Doubts About Mei Ah Entertainment Group (HKG:391)
Aug 05Mei Ah Entertainment Group (HKG:391) Is Carrying A Fair Bit Of Debt
Feb 10Recent updates
Mei Ah Entertainment Group (HKG:391) Is Looking To Continue Growing Its Returns On Capital
Oct 25We Take A Look At Why Mei Ah Entertainment Group Limited's (HKG:391) CEO Has Earned Their Pay Packet
Sep 20Optimistic Investors Push Mei Ah Entertainment Group Limited (HKG:391) Shares Up 30% But Growth Is Lacking
Aug 19Some Shareholders Feeling Restless Over Mei Ah Entertainment Group Limited's (HKG:391) P/S Ratio
Mar 05We Think Mei Ah Entertainment Group (HKG:391) Has A Fair Chunk Of Debt
Jan 10The Compensation For Mei Ah Entertainment Group Limited's (HKG:391) CEO Looks Deserved And Here's Why
Sep 15Is Mei Ah Entertainment Group (HKG:391) A Risky Investment?
Jul 13Auditors Have Doubts About Mei Ah Entertainment Group (HKG:391)
Aug 05Mei Ah Entertainment Group (HKG:391) Share Prices Have Dropped 84% In The Last Five Years
Mar 17Mei Ah Entertainment Group (HKG:391) Is Carrying A Fair Bit Of Debt
Feb 10Kuo Hsing Li Is The Founder & Chairman of Mei Ah Entertainment Group Limited (HKG:391) And Just Spent HK$327k On Shares
Jan 06A Look At Mei Ah Entertainment Group's (HKG:391) Share Price Returns
Dec 01Financial Position Analysis
Short Term Liabilities: 391's short term assets (HK$101.7M) do not cover its short term liabilities (HK$144.0M).
Long Term Liabilities: 391's short term assets (HK$101.7M) do not cover its long term liabilities (HK$202.1M).
Debt to Equity History and Analysis
Debt Level: 391's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 391's debt to equity ratio has increased from 17.6% to 40% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 391 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 391 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.6% per year.