M8 Sustainable Balance Sheet Health
Financial Health criteria checks 0/6
M8 Sustainable has a total shareholder equity of A$3.1M and total debt of A$13.6M, which brings its debt-to-equity ratio to 436.7%. Its total assets and total liabilities are A$35.0M and A$31.9M respectively.
Key information
436.7%
Debt to equity ratio
AU$13.62m
Debt
Interest coverage ratio | n/a |
Cash | AU$11.60k |
Equity | AU$3.12m |
Total liabilities | AU$31.88m |
Total assets | AU$35.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M8S's short term assets (A$768.5K) do not cover its short term liabilities (A$21.0M).
Long Term Liabilities: M8S's short term assets (A$768.5K) do not cover its long term liabilities (A$10.9M).
Debt to Equity History and Analysis
Debt Level: M8S's net debt to equity ratio (436.4%) is considered high.
Reducing Debt: Insufficient data to determine if M8S's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if M8S has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if M8S has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.