MOG Digitech Holdings Balance Sheet Health
Financial Health criteria checks 6/6
MOG Digitech Holdings has a total shareholder equity of CN¥556.4M and total debt of CN¥12.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥690.5M and CN¥134.2M respectively. MOG Digitech Holdings's EBIT is CN¥4.7M making its interest coverage ratio -27.5. It has cash and short-term investments of CN¥103.6M.
Key information
2.2%
Debt to equity ratio
CN¥12.04m
Debt
Interest coverage ratio | -27.5x |
Cash | CN¥103.60m |
Equity | CN¥556.36m |
Total liabilities | CN¥134.16m |
Total assets | CN¥690.52m |
Recent financial health updates
No updates
Recent updates
MOG Digitech Holdings Limited (HKG:1942) Doing What It Can To Lift Shares
Mar 28MOG Digitech Holdings Limited's (HKG:1942) P/S Is On The Mark
Dec 19MOG Holdings Limited's (HKG:1942) 35% Share Price Surge Not Quite Adding Up
Aug 23Estimating The Intrinsic Value Of MOG Holdings Limited (HKG:1942)
Aug 09Returns On Capital Signal Tricky Times Ahead For MOG Holdings (HKG:1942)
Jul 14Investors Could Be Concerned With MOG Holdings' (HKG:1942) Returns On Capital
Apr 15Here's Why MOG Holdings's (HKG:1942) Statutory Earnings Are Arguably Too Conservative
Jan 12Should We Be Delighted With MOG Holdings Limited's (HKG:1942) ROE Of 22%?
Nov 20Financial Position Analysis
Short Term Liabilities: 1942's short term assets (CN¥358.7M) exceed its short term liabilities (CN¥105.3M).
Long Term Liabilities: 1942's short term assets (CN¥358.7M) exceed its long term liabilities (CN¥28.8M).
Debt to Equity History and Analysis
Debt Level: 1942 has more cash than its total debt.
Reducing Debt: 1942's debt to equity ratio has reduced from 11.8% to 2.2% over the past 5 years.
Debt Coverage: 1942's debt is well covered by operating cash flow (335.2%).
Interest Coverage: 1942 earns more interest than it pays, so coverage of interest payments is not a concern.