mF International Balance Sheet Health
Financial Health criteria checks 4/6
mF International has a total shareholder equity of HK$11.7M and total debt of HK$10.2M, which brings its debt-to-equity ratio to 87.1%. Its total assets and total liabilities are HK$33.9M and HK$22.1M respectively. mF International's EBIT is HK$6.7M making its interest coverage ratio 18.9. It has cash and short-term investments of HK$7.2M.
Key information
87.1%
Debt to equity ratio
HK$10.23m
Debt
| Interest coverage ratio | 18.9x |
| Cash | HK$7.15m |
| Equity | HK$11.74m |
| Total liabilities | HK$22.11m |
| Total assets | HK$33.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFI's short term assets (HK$10.1M) do not cover its short term liabilities (HK$12.2M).
Long Term Liabilities: MFI's short term assets (HK$10.1M) exceed its long term liabilities (HK$9.9M).
Debt to Equity History and Analysis
Debt Level: MFI's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MFI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MFI's debt is well covered by operating cash flow (110.7%).
Interest Coverage: MFI's interest payments on its debt are well covered by EBIT (18.9x coverage).