Majestic Dragon AeroTech Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Majestic Dragon AeroTech Holdings has a total shareholder equity of HK$270.6M and total debt of HK$38.8M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are HK$380.7M and HK$110.1M respectively.
Key information
14.4%
Debt to equity ratio
HK$38.84m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$25.59m |
| Equity | HK$270.63m |
| Total liabilities | HK$110.09m |
| Total assets | HK$380.72m |
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$197.2M) exceed its short term liabilities (HK$104.3M).
Long Term Liabilities: 918's short term assets (HK$197.2M) exceed its long term liabilities (HK$5.8M).
Debt to Equity History and Analysis
Debt Level: 918's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 918's debt to equity ratio has reduced from 859.5% to 14.4% 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 918 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 918 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 10:05 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 * |
|---|---|---|---|
| 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
Majestic Dragon AeroTech Holdings Limited is covered by 0 analysts. 0 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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