Microequities Asset Management Group Balance Sheet Health

Financial Health criteria checks 5/6

Microequities Asset Management Group has a total shareholder equity of A$21.1M and total debt of A$4.9M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are A$28.4M and A$7.4M respectively. Microequities Asset Management Group's EBIT is A$8.5M making its interest coverage ratio 209. It has cash and short-term investments of A$9.5M.

Key information

23.4%

Debt to equity ratio

AU$4.93m

Debt

Interest coverage ratio	209x
Cash	AU$9.50m
Equity	AU$21.08m
Total liabilities	AU$7.36m
Total assets	AU$28.44m

Recent financial health updates

No updates

Recent updates

There Is A Reason Microequities Asset Management Group Limited's (ASX:MAM) Price Is Undemanding

Aug 17

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

Jan 22

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) Is Reducing Its Dividend To A$0.02

Aug 15

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

Feb 22

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

Jan 19

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

Dec 15

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

Nov 19

Financial Position Analysis

Short Term Liabilities: MAM's short term assets (A$11.5M) exceed its short term liabilities (A$2.4M).

Long Term Liabilities: MAM's short term assets (A$11.5M) exceed its long term liabilities (A$5.0M).

Debt to Equity History and Analysis

Debt Level: MAM has more cash than its total debt.

Reducing Debt: MAM's debt to equity ratio has increased from 0% to 23.4% over the past 5 years.

Debt Coverage: MAM's debt is well covered by operating cash flow (124.8%).

Interest Coverage: MAM's interest payments on its debt are well covered by EBIT (209x coverage).

Microequities Asset Management Group Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Microequities Asset Management Group Limited, Annual General Meeting, Nov 21, 2024

Final dividend of AU$0.018 announced

There Is A Reason Microequities Asset Management Group Limited's (ASX:MAM) Price Is Undemanding

Full year 2024 earnings released: EPS: AU$0.046 (vs AU$0.043 in FY 2023)

MD, CEO recently bought AU$51k worth of stock

First half 2024 earnings released: EPS: AU$0.025 (vs AU$0.024 in 1H 2023)

First half dividend of AU$0.018 announced

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

Microequities Asset Management Group Limited, Annual General Meeting, Nov 23, 2023

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

Full year 2023 earnings released: EPS: AU$0.043 (vs AU$0.11 in FY 2022)

New minor risk - Financial data availability

Independent Non Executive Director recently bought AU$51k worth of stock

First half 2023 earnings released: EPS: AU$0.024 (vs AU$0.10 in 1H 2022)

Microequities Asset Management Group Limited Declares Fully Franked Interim Dividend for the Period of Six Months Ending December 31, 2022, Payable on March 6, 2023

Now 20% undervalued

Microequities Asset Management Group Limited, Annual General Meeting, Nov 10, 2022

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

Full year 2022 earnings released: EPS: AU$0.11 (vs AU$0.11 in FY 2021)

Microequities Asset Management Group Limited Announces Dividend Relates to Period of Twelve Months Ended 30 June 2022, Payable on September 2, 2022

Now 25% undervalued after recent price drop

Independent Non Executive Director recently bought AU$194k worth of stock

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Microequities Asset Management Group Limited Declares Fully Franked Interim Dividend for the Year Ending June 30, 2022, Payable on March 7, 2022

Independent Non Executive Director recently bought AU$78k worth of stock

Independent Non Executive Director recently bought AU$96k worth of stock

Full year 2021 earnings released: EPS AU$0.11 (vs AU$0.026 in FY 2020)

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

First half 2021 earnings released: EPS AU$0.036 (vs AU$0.015 in 1H 2020)

New 90-day high: AU$0.55

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?

Microequities Asset Management Group Limited to Report First Half, 2021 Results on Feb 18, 2021

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

New 90-day high: AU$0.51

New 90-day high: AU$0.47

Independent Non-Executive Chairman recently bought AU$105k worth of stock

New 90-day high: AU$0.46

New 90-day high - AU$0.44

New 90-day high - AU$0.35

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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