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 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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 18:56 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
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.
| Analyst | Institution |
|---|