Ming Shing Group Holdings Ltd (MSW) - Total Liabilities
Based on the latest financial reports, Ming Shing Group Holdings Ltd (MSW) has total liabilities worth $10.40 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. See MSW days of operational coverage to measure how many days the company can operate on defensive assets alone.
Ming Shing Group Holdings Ltd - Total Liabilities Trend (2021–2026)
This chart illustrates how Ming Shing Group Holdings Ltd's total liabilities have evolved over time, based on quarterly financial data. See Ming Shing Group Holdings Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Ming Shing Group Holdings Ltd Competitors by Total Liabilities
The table below lists competitors of Ming Shing Group Holdings Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
DCI O.N.
F:DCIK
|
Germany | €259.86K |
|
Guardian Exploration Inc
V:GX
|
Canada | CA$2.09 Million |
|
Prismaflex Intl
PA:ALPRI
|
France | €24.84 Million |
|
Agroz Inc. Ordinary Shares
NASDAQ:AGRZ
|
USA | $37.32 Million |
|
Jet Freight Logistics Limited
NSE:JETFREIGHT
|
India | Rs1.05 Billion |
|
Ebang International Holdings
NASDAQ:EBON
|
USA | $8.37 Million |
|
BLB Limited
NSE:BLBLIMITED
|
India | Rs27.20 Million |
|
Adaptimmune Therapeutics Plc
NASDAQ:ADAP
|
USA | $201.59 Million |
Liability Composition Analysis (2021–2026)
This chart breaks down Ming Shing Group Holdings Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see Ming Shing Group Holdings Ltd asset portfolio.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.72 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -3.97 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.34 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Ming Shing Group Holdings Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ming Shing Group Holdings Ltd (2021–2026)
The table below shows the annual total liabilities of Ming Shing Group Holdings Ltd from 2021 to 2026.
| Year | Total Liabilities | Change |
|---|---|---|
| 2026-03-31 | $10.65 Million | -14.36% |
| 2025-03-31 | $12.44 Million | +14.23% |
| 2024-03-31 | $10.89 Million | +37.86% |
| 2023-03-31 | $7.90 Million | +45.24% |
| 2022-03-31 | $5.44 Million | +177.32% |
| 2021-03-31 | $1.96 Million | -- |
About Ming Shing Group Holdings Ltd
Ming Shing Group Holdings Limited, through its subsidiaries, engages in wet trades works in Hong Kong. Its works include plastering, tile laying, brick laying, floor screeding, and marble works. The company serves public and private sectors. Ming Shing Group Holdings Limited was incorporated in 2022 and is based in Cheung Sha Wan, Hong Kong.