MAAS Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MAAS Group Holdings has a total shareholder equity of A$657.4M and total debt of A$514.2M, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are A$1.5B and A$828.4M respectively. MAAS Group Holdings's EBIT is A$109.7M making its interest coverage ratio 3.7. It has cash and short-term investments of A$69.8M.
Key information
78.2%
Debt to equity ratio
AU$514.24m
Debt
Interest coverage ratio | 3.7x |
Cash | AU$69.76m |
Equity | AU$657.41m |
Total liabilities | AU$828.36m |
Total assets | AU$1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGH's short term assets (A$342.0M) exceed its short term liabilities (A$214.6M).
Long Term Liabilities: MGH's short term assets (A$342.0M) do not cover its long term liabilities (A$613.8M).
Debt to Equity History and Analysis
Debt Level: MGH's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: MGH's debt to equity ratio has reduced from 119% to 78.2% over the past 5 years.
Debt Coverage: MGH's debt is well covered by operating cash flow (22.3%).
Interest Coverage: MGH's interest payments on its debt are well covered by EBIT (3.7x coverage).