Microware Group Balance Sheet Health
Financial Health criteria checks 4/6
Microware Group has a total shareholder equity of HK$181.3M and total debt of HK$11.0M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are HK$516.9M and HK$335.6M respectively. Microware Group's EBIT is HK$42.0M making its interest coverage ratio -13.4. It has cash and short-term investments of HK$165.2M.
Key information
6.1%
Debt to equity ratio
HK$11.00m
Debt
| Interest coverage ratio | -13.4x |
| Cash | HK$165.19m |
| Equity | HK$181.31m |
| Total liabilities | HK$335.63m |
| Total assets | HK$516.94m |
Recent financial health updates
No updates
Recent updates
Microware Group Limited's (HKG:1985) Shares Climb 26% But Its Business Is Yet to Catch Up
Jun 03
Microware Group (HKG:1985) Is Reducing Its Dividend To HK$0.02
Dec 05Returns On Capital At Microware Group (HKG:1985) Have Hit The Brakes
Sep 13Microware Group's (HKG:1985) Dividend Will Be Reduced To HK$0.025
Aug 17Microware Group's (HKG:1985) Dividend Will Be Reduced To HK$0.025
Jul 11Microware Group's (HKG:1985) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 27Microware Group (HKG:1985) Will Pay A Smaller Dividend Than Last Year
Nov 29Here's Why Shareholders May Want To Be Cautious With Increasing Microware Group Limited's (HKG:1985) CEO Pay Packet
Aug 17Microware Group (HKG:1985) Looks To Prolong Its Impressive Returns
May 24Should You Be Adding Microware Group (HKG:1985) To Your Watchlist Today?
Mar 02Is Microware Group (HKG:1985) Going To Multiply In Value?
Feb 12Microware Group Limited (HKG:1985) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 28How Much Does Microware Group's (HKG:1985) CEO Make?
Jan 13Are Insiders Buying Microware Group Limited (HKG:1985) Stock?
Dec 29Is There More To The Story Than Microware Group's (HKG:1985) Earnings Growth?
Dec 14I Ran A Stock Scan For Earnings Growth And Microware Group (HKG:1985) Passed With Ease
Nov 30
Financial Position Analysis
Short Term Liabilities: 1985's short term assets (HK$503.2M) exceed its short term liabilities (HK$331.7M).
Long Term Liabilities: 1985's short term assets (HK$503.2M) exceed its long term liabilities (HK$3.9M).
Debt to Equity History and Analysis
Debt Level: 1985 has more cash than its total debt.
Reducing Debt: 1985's debt to equity ratio has increased from 0.3% to 6.1% over the past 5 years.
Debt Coverage: 1985's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1985 earns more interest than it pays, so coverage of interest payments is not a concern.