Microequities Asset Management Group Limited

ASX:MAM Stock Report

Market Cap: AU$82.4m

Microequities Asset Management Group Balance Sheet Health

Financial Health criteria checks 6/6

Microequities Asset Management Group has a total shareholder equity of A$20.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.6M and A$2.0M respectively. Microequities Asset Management Group's EBIT is A$7.9M making its interest coverage ratio 504. It has cash and short-term investments of A$6.5M.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ratio504x
CashAU$6.49m
EquityAU$20.57m
Total liabilitiesAU$2.05m
Total assetsAU$22.62m

Recent financial health updates

No updates

Recent updates

Investors Holding Back On Microequities Asset Management Group Limited (ASX:MAM)

Jan 22
Investors Holding Back On Microequities Asset Management Group Limited (ASX:MAM)

Microequities Asset Management Group (ASX:MAM) Has Announced That Its Dividend Will Be Reduced To A$0.015

Aug 18
Microequities Asset Management Group (ASX:MAM) Has Announced That Its Dividend Will Be Reduced To A$0.015

Microequities Asset Management Group (ASX:MAM) Is Reducing Its Dividend To A$0.02

Aug 15
Microequities Asset Management Group (ASX:MAM) Is Reducing Its Dividend To A$0.02

Here's Why We're Wary Of Buying Microequities Asset Management Group's (ASX:MAM) For Its Upcoming Dividend

Feb 22
Here's Why We're Wary Of Buying Microequities Asset Management Group's (ASX:MAM) For Its Upcoming Dividend

Who Has Been Buying Microequities Asset Management Group Limited (ASX:MAM) Shares?

Jan 19
Who Has Been Buying Microequities Asset Management Group Limited (ASX:MAM) Shares?

Can You Imagine How Microequities Asset Management Group's (ASX:MAM) Shareholders Feel About The 13% Share Price Increase?

Dec 15
Can You Imagine How Microequities Asset Management Group's (ASX:MAM) Shareholders Feel About The 13% Share Price Increase?

Is Microequities Asset Management Group Limited (ASX:MAM) A Risky Dividend Stock?

Nov 19
Is Microequities Asset Management Group Limited (ASX:MAM) A Risky Dividend Stock?

Financial Position Analysis

Short Term Liabilities: MAM's short term assets (A$8.0M) exceed its short term liabilities (A$1.3M).

Long Term Liabilities: MAM's short term assets (A$8.0M) exceed its long term liabilities (A$727.3K).


Debt to Equity History and Analysis

Debt Level: MAM is debt free.

Reducing Debt: MAM had no debt 5 years ago.

Debt Coverage: MAM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MAM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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