Mongolia Energy Balance Sheet Health
Financial Health criteria checks 0/6
Mongolia Energy has a total shareholder equity of HK$-2.7B and total debt of HK$5.3B, which brings its debt-to-equity ratio to -195.6%. Its total assets and total liabilities are HK$4.2B and HK$6.9B respectively. Mongolia Energy's EBIT is HK$1.7B making its interest coverage ratio 2.7. It has cash and short-term investments of HK$131.7M.
Key information
-195.6%
Debt to equity ratio
HK$5.25b
Debt
| Interest coverage ratio | 2.7x |
| Cash | HK$131.70m |
| Equity | -HK$2.69b |
| Total liabilities | HK$6.90b |
| Total assets | HK$4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOAE.Y has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MOAE.Y 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: MOAE.Y has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MOAE.Y's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MOAE.Y's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: MOAE.Y's interest payments on its debt are not well covered by EBIT (2.7x coverage).