MOG Digitech Holdings Balance Sheet Health
Financial Health criteria checks 5/6
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¥103.57m |
Equity | CN¥556.36m |
Total liabilities | CN¥134.16m |
Total assets | CN¥690.52m |
Recent financial health updates
No updates
Recent updates
Financial 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1942 earns more interest than it pays, so coverage of interest payments is not a concern.