Mobicon Group Balance Sheet Health
Financial Health criteria checks 5/6
Mobicon Group has a total shareholder equity of HK$166.6M and total debt of HK$69.5M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are HK$292.8M and HK$126.2M respectively. Mobicon Group's EBIT is HK$8.4M making its interest coverage ratio 1.7. It has cash and short-term investments of HK$24.6M.
Key information
41.7%
Debt to equity ratio
HK$69.54m
Debt
| Interest coverage ratio | 1.7x |
| Cash | HK$24.59m |
| Equity | HK$166.59m |
| Total liabilities | HK$126.19m |
| Total assets | HK$292.78m |
Recent financial health updates
Here's Why Mobicon Group (HKG:1213) Can Manage Its Debt Responsibly
Sep 10
These 4 Measures Indicate That Mobicon Group (HKG:1213) Is Using Debt Reasonably Well
Sep 15Here's Why Mobicon Group (HKG:1213) Can Manage Its Debt Responsibly
Mar 15Recent updates
What Mobicon Group Limited's (HKG:1213) 35% Share Price Gain Is Not Telling You
Mar 14Returns On Capital Are Showing Encouraging Signs At Mobicon Group (HKG:1213)
Feb 23Risks Still Elevated At These Prices As Mobicon Group Limited (HKG:1213) Shares Dive 31%
Jan 18Mobicon Group (HKG:1213) Is Doing The Right Things To Multiply Its Share Price
May 10Investors Will Want Mobicon Group's (HKG:1213) Growth In ROCE To Persist
Nov 17Here's Why Mobicon Group (HKG:1213) Can Manage Its Debt Responsibly
Sep 10The Return Trends At Mobicon Group (HKG:1213) Look Promising
Aug 05Returns At Mobicon Group (HKG:1213) Appear To Be Weighed Down
Mar 31Why Investors Shouldn't Be Surprised By Mobicon Group Limited's (HKG:1213) Low P/E
Jan 28These 4 Measures Indicate That Mobicon Group (HKG:1213) Is Using Debt Reasonably Well
Sep 15Robust Earnings May Not Tell The Whole Story For Mobicon Group (HKG:1213)
Jul 23Here's Why Mobicon Group (HKG:1213) Can Manage Its Debt Responsibly
Mar 15Can Mixed Fundamentals Have A Negative Impact on Mobicon Group Limited (HKG:1213) Current Share Price Momentum?
Feb 08Is Mobicon Group (HKG:1213) Struggling?
Jan 01
A Look At The Intrinsic Value Of Mobicon Group Limited (HKG:1213)
Nov 27Financial Position Analysis
Short Term Liabilities: 1213's short term assets (HK$231.9M) exceed its short term liabilities (HK$118.6M).
Long Term Liabilities: 1213's short term assets (HK$231.9M) exceed its long term liabilities (HK$7.6M).
Debt to Equity History and Analysis
Debt Level: 1213's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: 1213's debt to equity ratio has reduced from 57.4% to 41.7% over the past 5 years.
Debt Coverage: 1213's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 1213's interest payments on its debt are not well covered by EBIT (1.7x coverage).