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
Microequities Asset Management Group Limited (ASX:MAM) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 10
There Is A Reason Microequities Asset Management Group Limited's (ASX:MAM) Price Is Undemanding
Aug 17Investors Holding Back On Microequities Asset Management Group Limited (ASX:MAM)
Jan 22Microequities Asset Management Group (ASX:MAM) Has Announced That Its Dividend Will Be Reduced To A$0.015
Aug 18Microequities Asset Management Group (ASX:MAM) Is Reducing Its Dividend To A$0.02
Aug 15Here's Why We're Wary Of Buying Microequities Asset Management Group's (ASX:MAM) For Its Upcoming Dividend
Feb 22Who Has Been Buying Microequities Asset Management Group Limited (ASX:MAM) Shares?
Jan 19Can You Imagine How Microequities Asset Management Group's (ASX:MAM) Shareholders Feel About The 13% Share Price Increase?
Dec 15Is 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 07:52 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Microequities Asset Management Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.