Midland Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Midland Holdings has a total shareholder equity of HK$839.3M and total debt of HK$361.0M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are HK$5.1B and HK$4.2B respectively. Midland Holdings's EBIT is HK$145.9M making its interest coverage ratio 6.2. It has cash and short-term investments of HK$664.6M.
Key information
43.0%
Debt to equity ratio
HK$361.00m
Debt
Interest coverage ratio | 6.2x |
Cash | HK$664.58m |
Equity | HK$839.32m |
Total liabilities | HK$4.21b |
Total assets | HK$5.05b |
Recent financial health updates
We Think Midland Holdings (HKG:1200) Can Manage Its Debt With Ease
Nov 13Midland Holdings (HKG:1200) Has Debt But No Earnings; Should You Worry?
Nov 17We Think Midland Holdings (HKG:1200) Can Manage Its Debt With Ease
May 24Midland Holdings (HKG:1200) Could Easily Take On More Debt
Oct 06Midland Holdings (HKG:1200) Has A Pretty Healthy Balance Sheet
Jun 01Recent updates
We Think Midland Holdings (HKG:1200) Can Manage Its Debt With Ease
Nov 13We Think Midland Holdings' (HKG:1200) Profit Is Only A Baseline For What They Can Achieve
Oct 03There's No Escaping Midland Holdings Limited's (HKG:1200) Muted Revenues Despite A 33% Share Price Rise
Oct 02The Price Is Right For Midland Holdings Limited (HKG:1200) Even After Diving 31%
Apr 16Investors Still Aren't Entirely Convinced By Midland Holdings Limited's (HKG:1200) Revenues Despite 28% Price Jump
Feb 15Calculating The Intrinsic Value Of Midland Holdings Limited (HKG:1200)
Oct 25Midland Holdings (HKG:1200) Has Debt But No Earnings; Should You Worry?
Nov 17We Think Midland Holdings (HKG:1200) Can Manage Its Debt With Ease
May 24Need To Know: Analysts Are Much More Bullish On Midland Holdings Limited (HKG:1200) Revenues
Nov 30Midland Holdings (HKG:1200) Could Easily Take On More Debt
Oct 06Are Investors Undervaluing Midland Holdings Limited (HKG:1200) By 21%?
Sep 07Midland Holdings (HKG:1200) Has A Pretty Healthy Balance Sheet
Jun 01Midland Holdings' (HKG:1200) Strong Earnings Are Of Good Quality
May 06Is There An Opportunity With Midland Holdings Limited's (HKG:1200) 33% Undervaluation?
Mar 08Founder & Chairman Kin Yip Wong Just Bought 5.4% More Shares In Midland Holdings Limited (HKG:1200)
Jan 30Have Insiders Been Buying Midland Holdings Limited (HKG:1200) Shares?
Dec 28A Look At Midland Holdings' (HKG:1200) Share Price Returns
Dec 02Financial Position Analysis
Short Term Liabilities: 1200's short term assets (HK$4.6B) exceed its short term liabilities (HK$4.1B).
Long Term Liabilities: 1200's short term assets (HK$4.6B) exceed its long term liabilities (HK$84.9M).
Debt to Equity History and Analysis
Debt Level: 1200 has more cash than its total debt.
Reducing Debt: 1200's debt to equity ratio has increased from 32.6% to 43% over the past 5 years.
Debt Coverage: 1200's debt is well covered by operating cash flow (110.2%).
Interest Coverage: 1200's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/24 08:34 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
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 * |
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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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Midland Holdings Limited is covered by 13 analysts. 1 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 |
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Kwok Yi Louie | Barclays |
Jonathan Hsu | Barclays |
C Wong | BNP Paribas Securities (Asia) |