MGM China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
MGM China Holdings has a total shareholder equity of HK$-52.2M and total debt of HK$23.8B, which brings its debt-to-equity ratio to -45497.5%. Its total assets and total liabilities are HK$30.0B and HK$30.1B respectively. MGM China Holdings's EBIT is HK$6.2B making its interest coverage ratio 3.8. It has cash and short-term investments of HK$5.2B.
Key information
-45,497.5%
Debt to equity ratio
HK$23.77b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$5.21b |
| Equity | -HK$52.24m |
| Total liabilities | HK$30.09b |
| Total assets | HK$30.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCHV.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MCHV.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCHV.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MCHV.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MCHV.F's debt is well covered by operating cash flow (37.2%).
Interest Coverage: MCHV.F's interest payments on its debt are well covered by EBIT (3.8x coverage).