MFF Capital Investments Balance Sheet Health
Financial Health criteria checks 5/6
MFF Capital Investments has a total shareholder equity of A$1.8B and total debt of A$348.9M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are A$2.5B and A$669.3M respectively. MFF Capital Investments's EBIT is A$661.4M making its interest coverage ratio 29.4. It has cash and short-term investments of A$2.5B.
Key information
19.4%
Debt to equity ratio
AU$348.87m
Debt
Interest coverage ratio | 29.4x |
Cash | AU$2.45b |
Equity | AU$1.79b |
Total liabilities | AU$669.26m |
Total assets | AU$2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFF's short term assets (A$2.5B) exceed its short term liabilities (A$366.6M).
Long Term Liabilities: MFF's short term assets (A$2.5B) exceed its long term liabilities (A$302.6M).
Debt to Equity History and Analysis
Debt Level: MFF has more cash than its total debt.
Reducing Debt: MFF's debt to equity ratio has increased from 12.6% to 19.4% over the past 5 years.
Debt Coverage: MFF's debt is well covered by operating cash flow (55.5%).
Interest Coverage: MFF's interest payments on its debt are well covered by EBIT (29.4x coverage).