Multifield International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Multifield International Holdings has a total shareholder equity of HK$9.9B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are HK$13.2B and HK$3.3B respectively. Multifield International Holdings's EBIT is HK$192.7M making its interest coverage ratio 3.1. It has cash and short-term investments of HK$1.3B.
Key information
15.5%
Debt to equity ratio
HK$1.54b
Debt
| Interest coverage ratio | 3.1x |
| Cash | HK$1.27b |
| Equity | HK$9.90b |
| Total liabilities | HK$3.31b |
| Total assets | HK$13.21b |
Recent financial health updates
Recent updates
It's Unlikely That The CEO Of Multifield International Holdings Limited (HKG:898) Will See A Huge Pay Rise This Year
May 23
Multifield International Holdings' (HKG:898) Dividend Will Be HK$0.02
Apr 28Fewer Investors Than Expected Jumping On Multifield International Holdings Limited (HKG:898)
Apr 17Multifield International Holdings' (HKG:898) Dividend Will Be HK$0.02
Mar 31Here's Why Multifield International Holdings (HKG:898) Has A Meaningful Debt Burden
Nov 25Financial Position Analysis
Short Term Liabilities: 898's short term assets (HK$1.8B) exceed its short term liabilities (HK$1.2B).
Long Term Liabilities: 898's short term assets (HK$1.8B) do not cover its long term liabilities (HK$2.1B).
Debt to Equity History and Analysis
Debt Level: 898's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 898's debt to equity ratio has reduced from 22.6% to 15.5% over the past 5 years.
Debt Coverage: 898's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 898's interest payments on its debt are well covered by EBIT (3.1x coverage).