Mirrabooka Investments Balance Sheet Health
Financial Health criteria checks 5/6
Mirrabooka Investments has a total shareholder equity of A$524.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$594.3M and A$69.9M respectively. Mirrabooka Investments's EBIT is A$11.7M making its interest coverage ratio 119.1. It has cash and short-term investments of A$20.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 119.1x |
Cash | AU$20.18m |
Equity | AU$524.34m |
Total liabilities | AU$69.93m |
Total assets | AU$594.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIR's short term assets (A$20.4M) exceed its short term liabilities (A$5.0M).
Long Term Liabilities: MIR's short term assets (A$20.4M) do not cover its long term liabilities (A$64.9M).
Debt to Equity History and Analysis
Debt Level: MIR is debt free.
Reducing Debt: MIR has not had any debt for past 5 years.
Debt Coverage: MIR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIR has no debt, therefore coverage of interest payments is not a concern.