MTT Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
MTT Group Holdings has a total shareholder equity of HK$193.9M and total debt of HK$59.9M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are HK$480.8M and HK$286.9M respectively.
Key information
30.9%
Debt to equity ratio
HK$59.89m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$10.69m |
| Equity | HK$193.86m |
| Total liabilities | HK$286.90m |
| Total assets | HK$480.76m |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For MTT Group Holdings Limited (HKG:2350) After Shares Rise 35%
Aug 19
Here's Why MTT Group Holdings (HKG:2350) Can Afford Some Debt
Aug 13Subdued Growth No Barrier To MTT Group Holdings Limited (HKG:2350) With Shares Advancing 29%
Jul 04MTT Group Holdings (HKG:2350) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Dec 26Financial Position Analysis
Short Term Liabilities: 2350's short term assets (HK$453.0M) exceed its short term liabilities (HK$280.4M).
Long Term Liabilities: 2350's short term assets (HK$453.0M) exceed its long term liabilities (HK$6.5M).
Debt to Equity History and Analysis
Debt Level: 2350's net debt to equity ratio (25.4%) 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: Insufficient data to determine if 2350's interest payments on its debt are well covered by EBIT.