MyState Balance Sheet Health
Financial Health criteria checks 4/6
MyState has total assets of A$9.2B and total equity of A$464.9M. Total deposits are A$6.3B, and total loans are A$8.1B earning a Net Interest Margin of 1.5%. It has insufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are A$150.1M.
Key information
19.7x
Asset to equity ratio
1.5%
Net interest margin
| Total deposits | AU$6.33b |
| Loan to deposit ratio | High |
| Bad loans | 1.0% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | AU$150.13m |
Recent financial health updates
No updates
Recent updates
MyState's (ASX:MYS) Dividend Will Be A$0.115
Aug 21
MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13
Feb 21We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right
Oct 13MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20
Feb 20
How Much Is MyState Limited (ASX:MYS) Paying Its CEO?
Jan 18Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return?
Nov 26Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MYS's Assets to Equity ratio (19.7x) is moderate.
Allowance for Bad Loans: MYS has a low allowance for bad loans (10%).
Low Risk Liabilities: 73% of MYS's liabilities are made up of primarily low risk sources of funding.
Loan Level: MYS has an appropriate level of Loans to Assets ratio (88%).
Low Risk Deposits: MYS's Loans to Deposits ratio (128%) is high.
Level of Bad Loans: MYS has an appropriate level of bad loans (1%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 05:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MyState Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| T.S. Lim | Bell Potter |
| Ian Munro | CCZ Equities Pty Limited |
| Brendan Carrig | Macquarie Research |