Mayfield Childcare Limited

ASX:MFD Stock Report

Market Cap: AU$45.1m

Mayfield Childcare Balance Sheet Health

Financial Health criteria checks 3/6

Mayfield Childcare has a total shareholder equity of A$65.4M and total debt of A$7.5M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are A$235.7M and A$170.3M respectively. Mayfield Childcare's EBIT is A$1.8M making its interest coverage ratio 0.4. It has cash and short-term investments of A$362.7K.

Key information

11.5%

Debt to equity ratio

AU$7.55m

Debt

Interest coverage ratio0.4x
CashAU$362.67k
EquityAU$65.38m
Total liabilitiesAU$170.32m
Total assetsAU$235.71m

Recent financial health updates

Recent updates

At AU$1.17, Is It Time To Put Mayfield Childcare Limited (ASX:MFD) On Your Watch List?

Jan 20
At AU$1.17, Is It Time To Put Mayfield Childcare Limited (ASX:MFD) On Your Watch List?

Mayfield Childcare's (ASX:MFD) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 23
Mayfield Childcare's (ASX:MFD) Shareholders Will Receive A Bigger Dividend Than Last Year

Should You Investigate Mayfield Childcare Limited (ASX:MFD) At AU$1.46?

May 24
Should You Investigate Mayfield Childcare Limited (ASX:MFD) At AU$1.46?

Is Mayfield Childcare (ASX:MFD) Using Too Much Debt?

Mar 29
Is Mayfield Childcare (ASX:MFD) Using Too Much Debt?

What Does Mayfield Childcare Limited's (ASX:MFD) Share Price Indicate?

Nov 30
What Does Mayfield Childcare Limited's (ASX:MFD) Share Price Indicate?

We Think Mayfield Childcare (ASX:MFD) Can Stay On Top Of Its Debt

May 25
We Think Mayfield Childcare (ASX:MFD) Can Stay On Top Of Its Debt

Is There Now An Opportunity In Mayfield Childcare Limited (ASX:MFD)?

May 04
Is There Now An Opportunity In Mayfield Childcare Limited (ASX:MFD)?

We Think Shareholders May Consider Being More Generous With Mayfield Childcare Limited's (ASX:MFD) CEO Compensation Package

Mar 24
We Think Shareholders May Consider Being More Generous With Mayfield Childcare Limited's (ASX:MFD) CEO Compensation Package

Is Mayfield Childcare Limited's (ASX:MFD) Latest Stock Performance Being Led By Its Strong Fundamentals?

Mar 16
Is Mayfield Childcare Limited's (ASX:MFD) Latest Stock Performance Being Led By Its Strong Fundamentals?

Mayfield Childcare Limited (ASX:MFD) Has Got What It Takes To Be An Attractive Dividend Stock

Feb 26
Mayfield Childcare Limited (ASX:MFD) Has Got What It Takes To Be An Attractive Dividend Stock

Is Mayfield Childcare (ASX:MFD) A Risky Investment?

Feb 11
Is Mayfield Childcare (ASX:MFD) A Risky Investment?

What Is Mayfield Childcare Limited's (ASX:MFD) Share Price Doing?

Jan 27
What Is Mayfield Childcare Limited's (ASX:MFD) Share Price Doing?

Need To Know: Mayfield Childcare Limited (ASX:MFD) Insiders Have Been Buying Shares

Jan 06
Need To Know: Mayfield Childcare Limited (ASX:MFD) Insiders Have Been Buying Shares

Are Mayfield Childcare's (ASX:MFD) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 16
Are Mayfield Childcare's (ASX:MFD) Statutory Earnings A Good Guide To Its Underlying Profitability?

Financial Position Analysis

Short Term Liabilities: MFD's short term assets (A$4.1M) do not cover its short term liabilities (A$24.1M).

Long Term Liabilities: MFD's short term assets (A$4.1M) do not cover its long term liabilities (A$146.2M).


Debt to Equity History and Analysis

Debt Level: MFD's net debt to equity ratio (11%) is considered satisfactory.

Reducing Debt: MFD's debt to equity ratio has reduced from 49% to 11.5% over the past 5 years.

Debt Coverage: MFD's debt is well covered by operating cash flow (121.8%).

Interest Coverage: MFD's interest payments on its debt are not well covered by EBIT (0.4x coverage).


Balance Sheet


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