MEGAIN Holding (Cayman) Balance Sheet Health
Financial Health criteria checks 6/6
MEGAIN Holding (Cayman) has a total shareholder equity of CN¥370.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥390.2M and CN¥20.0M respectively. MEGAIN Holding (Cayman)'s EBIT is CN¥17.9M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥265.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.1x |
Cash | CN¥265.59m |
Equity | CN¥370.22m |
Total liabilities | CN¥19.99m |
Total assets | CN¥390.21m |
Recent financial health updates
No updates
Recent updates
MEGAIN Holding (Cayman) (HKG:6939) Will Want To Turn Around Its Return Trends
Jan 24Capital Allocation Trends At MEGAIN Holding (Cayman) (HKG:6939) Aren't Ideal
Aug 10MEGAIN Holding (Cayman)'s (HKG:6939) Upcoming Dividend Will Be Larger Than Last Year's
Jun 12MEGAIN Holding (Cayman) (HKG:6939) Could Be Struggling To Allocate Capital
Nov 22Investors Could Be Concerned With MEGAIN Holding (Cayman)'s (HKG:6939) Returns On Capital
Aug 11MEGAIN Holding (Cayman)'s (HKG:6939) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 10Financial Position Analysis
Short Term Liabilities: 6939's short term assets (CN¥364.5M) exceed its short term liabilities (CN¥18.9M).
Long Term Liabilities: 6939's short term assets (CN¥364.5M) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 6939 is debt free.
Reducing Debt: 6939 had no debt 5 years ago.
Debt Coverage: 6939 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6939 has no debt, therefore coverage of interest payments is not a concern.