Majestic Dragon AeroTech Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Majestic Dragon AeroTech Holdings has a total shareholder equity of HK$284.2M and total debt of HK$42.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are HK$407.9M and HK$123.7M respectively.
Key information
14.8%
Debt to equity ratio
HK$41.95m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$29.74m |
| Equity | HK$284.23m |
| Total liabilities | HK$123.67m |
| Total assets | HK$407.90m |
Recent financial health updates
Here's Why State Energy Group International Assets Holdings (HKG:918) Can Afford Some Debt
Aug 14
Here's Why State Energy Group International Assets Holdings (HKG:918) Can Afford Some Debt
Mar 04Recent updates
Here's Why State Energy Group International Assets Holdings (HKG:918) Can Afford Some Debt
Aug 14State Energy Group International Assets Holdings Limited's (HKG:918) 30% Share Price Surge Not Quite Adding Up
May 24Here's Why State Energy Group International Assets Holdings (HKG:918) Can Afford Some Debt
Mar 04Optimistic Investors Push State Energy Group International Assets Holdings Limited (HKG:918) Shares Up 34% But Growth Is Lacking
Feb 05State Energy Group International Assets Holdings Limited's (HKG:918) 65% Price Boost Is Out Of Tune With Revenues
Dec 18State Energy Group International Assets Holdings' (HKG:918) Anemic Earnings Might Be Worse Than You Think
Dec 06State Energy Group International Assets Holdings Limited's (HKG:918) 80% Dip In Price Shows Sentiment Is Matching Earnings
Jul 26Can State Energy Group International Assets Holdings Limited (HKG:918) Maintain Its Strong Returns?
Dec 09Financial Position Analysis
Short Term Liabilities: 918's short term assets (HK$213.0M) exceed its short term liabilities (HK$117.6M).
Long Term Liabilities: 918's short term assets (HK$213.0M) exceed its long term liabilities (HK$6.1M).
Debt to Equity History and Analysis
Debt Level: 918's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 918's debt to equity ratio has reduced from 680% to 14.8% 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: 918 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 918 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.9% each year.