McMillan Shakespeare Balance Sheet Health
Financial Health criteria checks 3/6
McMillan Shakespeare has a total shareholder equity of A$133.1M and total debt of A$420.6M, which brings its debt-to-equity ratio to 315.9%. Its total assets and total liabilities are A$1.2B and A$1.1B respectively. McMillan Shakespeare's EBIT is A$126.3M making its interest coverage ratio 7.3. It has cash and short-term investments of A$146.1M.
Key information
315.9%
Debt to equity ratio
AU$420.59m
Debt
| Interest coverage ratio | 7.3x |
| Cash | AU$146.08m |
| Equity | AU$133.13m |
| Total liabilities | AU$1.06b |
| Total assets | AU$1.20b |
Recent financial health updates
McMillan Shakespeare (ASX:MMS) Has A Pretty Healthy Balance Sheet
Aug 24
McMillan Shakespeare (ASX:MMS) Seems To Use Debt Quite Sensibly
Oct 26Is McMillan Shakespeare (ASX:MMS) Using Too Much Debt?
Apr 01Recent updates
McMillan Shakespeare Limited's (ASX:MMS) 26% Price Boost Is Out Of Tune With Earnings
Feb 23When Should You Buy McMillan Shakespeare Limited (ASX:MMS)?
Oct 25McMillan Shakespeare (ASX:MMS) Has A Pretty Healthy Balance Sheet
Aug 24A Look At The Fair Value Of McMillan Shakespeare Limited (ASX:MMS)
Jun 29We Ran A Stock Scan For Earnings Growth And McMillan Shakespeare (ASX:MMS) Passed With Ease
Jun 15McMillan Shakespeare (ASX:MMS) Is Paying Out A Larger Dividend Than Last Year
Mar 06McMillan Shakespeare (ASX:MMS) Seems To Use Debt Quite Sensibly
Oct 26Calculating The Intrinsic Value Of McMillan Shakespeare Limited (ASX:MMS)
Aug 31Is There Now An Opportunity In McMillan Shakespeare Limited (ASX:MMS)?
Jul 28Is McMillan Shakespeare (ASX:MMS) Using Too Much Debt?
Apr 01Do These 3 Checks Before Buying McMillan Shakespeare Limited (ASX:MMS) For Its Upcoming Dividend
Mar 06McMillan Shakespeare (ASX:MMS) Has Compensated Shareholders With A Respectable 60% Return On Their Investment
Feb 09
Do Insiders Own Lots Of Shares In McMillan Shakespeare Limited (ASX:MMS)?
Jan 19Are Insiders Buying McMillan Shakespeare Limited (ASX:MMS) Stock?
Jan 04Is McMillan Shakespeare Limited (ASX:MMS) Trading At A 34% Discount?
Dec 20At AU$11.83, Is McMillan Shakespeare Limited (ASX:MMS) Worth Looking At Closely?
Dec 06Should We Be Cautious About McMillan Shakespeare Limited's (ASX:MMS) ROE Of 1.0%?
Nov 23McMillan Shakespeare Limited (ASX:MMS) Insiders Increased Their Holdings
Sep 13Is Now An Opportune Moment To Examine McMillan Shakespeare Limited (ASX:MMS)?
Aug 25Investors Holding Back On McMillan Shakespeare Limited (ASX:MMS)
Aug 10Does McMillan Shakespeare's (ASX:MMS) Statutory Profit Adequately Reflect Its Underlying Profit?
Aug 10McMillan Shakespeare (ASX:MMS) Share Prices Have Dropped 36% In The Last Five Years
Jul 29Financial Position Analysis
Short Term Liabilities: MMS's short term assets (A$685.4M) exceed its short term liabilities (A$574.6M).
Long Term Liabilities: MMS's short term assets (A$685.4M) exceed its long term liabilities (A$488.3M).
Debt to Equity History and Analysis
Debt Level: MMS's net debt to equity ratio (206.2%) is considered high.
Reducing Debt: MMS's debt to equity ratio has increased from 99.3% to 315.9% over the past 5 years.
Debt Coverage: MMS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MMS's interest payments on its debt are well covered by EBIT (7.3x coverage).