MaxiPARTS Balance Sheet Health
Financial Health criteria checks 6/6
MaxiPARTS has a total shareholder equity of A$102.0M and total debt of A$29.5M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are A$212.3M and A$110.3M respectively. MaxiPARTS's EBIT is A$13.5M making its interest coverage ratio 3.6. It has cash and short-term investments of A$13.6M.
Key information
28.9%
Debt to equity ratio
AU$29.50m
Debt
| Interest coverage ratio | 3.6x |
| Cash | AU$13.63m |
| Equity | AU$101.99m |
| Total liabilities | AU$110.29m |
| Total assets | AU$212.27m |
Recent financial health updates
Does MaxiPARTS (ASX:MXI) Have A Healthy Balance Sheet?
May 08
Is MaxiPARTS (ASX:MXI) A Risky Investment?
Oct 18Health Check: How Prudently Does MaxiTRANS Industries (ASX:MXI) Use Debt?
Apr 18Recent updates
Does MaxiPARTS (ASX:MXI) Have A Healthy Balance Sheet?
May 08If EPS Growth Is Important To You, MaxiPARTS (ASX:MXI) Presents An Opportunity
Nov 16MaxiPARTS (ASX:MXI) Is Increasing Its Dividend To A$0.0322
Aug 29Is Now An Opportune Moment To Examine MaxiPARTS Limited (ASX:MXI)?
Dec 08Is MaxiPARTS (ASX:MXI) A Risky Investment?
Oct 18Shareholders Will Be Pleased With The Quality of MaxiTRANS Industries' (ASX:MXI) Earnings
Aug 26Health Check: How Prudently Does MaxiTRANS Industries (ASX:MXI) Use Debt?
Apr 18How Does MaxiTRANS Industries' (ASX:MXI) CEO Salary Compare to Peers?
Feb 18When Should You Buy MaxiTRANS Industries Limited (ASX:MXI)?
Dec 25
What Can We Conclude About MaxiTRANS Industries' (ASX:MXI) CEO Pay?
Nov 20Financial Position Analysis
Short Term Liabilities: MXI's short term assets (A$120.6M) exceed its short term liabilities (A$50.2M).
Long Term Liabilities: MXI's short term assets (A$120.6M) exceed its long term liabilities (A$60.1M).
Debt to Equity History and Analysis
Debt Level: MXI's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: MXI's debt to equity ratio has reduced from 38.7% to 28.9% over the past 5 years.
Debt Coverage: MXI's debt is well covered by operating cash flow (36.1%).
Interest Coverage: MXI's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:10 |
| End of Day Share Price | 2024/12/27 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
MaxiPARTS Limited is covered by 4 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 |
|---|---|
| Warren Jeffries | Canaccord Genuity |
| Piers Flanagan | EL&C Baillieu |
| Katie Belle | Lodge Partners Pty Ltd. |