MTT Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MTT Group Holdings has a total shareholder equity of HK$210.1M and total debt of HK$62.8M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are HK$507.3M and HK$297.2M respectively. MTT Group Holdings's EBIT is HK$18.6M making its interest coverage ratio 7.6. It has cash and short-term investments of HK$12.8M.
Key information
29.9%
Debt to equity ratio
HK$62.81m
Debt
| Interest coverage ratio | 7.6x |
| Cash | HK$12.77m |
| Equity | HK$210.13m |
| Total liabilities | HK$297.20m |
| Total assets | HK$507.33m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2350's short term assets (HK$478.9M) exceed its short term liabilities (HK$289.5M).
Long Term Liabilities: 2350's short term assets (HK$478.9M) exceed its long term liabilities (HK$7.7M).
Debt to Equity History and Analysis
Debt Level: 2350's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2350's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2350's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2350's interest payments on its debt are well covered by EBIT (7.6x coverage).