MAAS Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
MAAS Group Holdings has a total shareholder equity of A$683.7M and total debt of A$585.6M, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are A$1.6B and A$905.7M respectively. MAAS Group Holdings's EBIT is A$113.5M making its interest coverage ratio 3.3. It has cash and short-term investments of A$89.3M.
Key information
85.6%
Debt to equity ratio
AU$585.56m
Debt
| Interest coverage ratio | 3.3x |
| Cash | AU$89.26m |
| Equity | AU$683.69m |
| Total liabilities | AU$905.73m |
| Total assets | AU$1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGH's short term assets (A$386.6M) exceed its short term liabilities (A$261.3M).
Long Term Liabilities: MGH's short term assets (A$386.6M) do not cover its long term liabilities (A$644.5M).
Debt to Equity History and Analysis
Debt Level: MGH's net debt to equity ratio (72.6%) is considered high.
Reducing Debt: MGH's debt to equity ratio has reduced from 105.4% to 85.6% over the past 5 years.
Debt Coverage: MGH's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: MGH's interest payments on its debt are well covered by EBIT (3.3x coverage).