Melbourne Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Melbourne Enterprises has a total shareholder equity of HK$7.4B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$7.4B and HK$76.5M respectively. Melbourne Enterprises's EBIT is HK$100.6M making its interest coverage ratio -13.2. It has cash and short-term investments of HK$254.1M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -13.2x |
| Cash | HK$254.11m |
| Equity | HK$7.36b |
| Total liabilities | HK$76.48m |
| Total assets | HK$7.43b |
Recent financial health updates
No updates
Recent updates
Melbourne Enterprises (HKG:158) Has Announced A Dividend Of HK$1.80
Jan 28
Melbourne Enterprises (HKG:158) Will Pay A Dividend Of HK$1.80
Jan 04Melbourne Enterprises (HKG:158) Is Due To Pay A Dividend Of HK$1.80
Dec 19Melbourne Enterprises' (HKG:158) Dividend Will Be HK$1.80
Jun 04Melbourne Enterprises (HKG:158) Has Announced A Dividend Of HK$1.80
Jan 22Melbourne Enterprises (HKG:158) Is Paying Out A Dividend Of HK$1.80
Dec 27Factors Income Investors Should Consider Before Adding Melbourne Enterprises Limited (HKG:158) To Their Portfolio
Mar 11Here's Why We're Wary Of Buying Melbourne Enterprises' (HKG:158) For Its Upcoming Dividend
Feb 04
Is Melbourne Enterprises Limited's (HKG:158) Shareholder Ownership Skewed Towards Insiders?
Feb 01Does Melbourne Enterprises' (HKG:158) Share Price Gain of 21% Match Its Business Performance?
Dec 28Read This Before Buying Melbourne Enterprises Limited (HKG:158) For Its Dividend
Nov 23Financial Position Analysis
Short Term Liabilities: 158's short term assets (HK$265.2M) exceed its short term liabilities (HK$58.7M).
Long Term Liabilities: 158's short term assets (HK$265.2M) exceed its long term liabilities (HK$17.8M).
Debt to Equity History and Analysis
Debt Level: 158 is debt free.
Reducing Debt: 158 has not had any debt for past 5 years.
Debt Coverage: 158 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 158 has no debt, therefore coverage of interest payments is not a concern.