MoneyMe Balance Sheet Health
Financial Health criteria checks 3/6
MoneyMe has a total shareholder equity of A$189.9M and total debt of A$1.2B, which brings its debt-to-equity ratio to 614.4%. Its total assets and total liabilities are A$1.4B and A$1.2B respectively.
Key information
614.4%
Debt to equity ratio
AU$1.17b
Debt
| Interest coverage ratio | n/a |
| Cash | AU$73.63m |
| Equity | AU$189.89m |
| Total liabilities | AU$1.18b |
| Total assets | AU$1.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MME's short term assets (A$1.3B) exceed its short term liabilities (A$9.8M).
Long Term Liabilities: MME's short term assets (A$1.3B) exceed its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: MME's net debt to equity ratio (575.6%) is considered high.
Reducing Debt: MME's debt to equity ratio has reduced from 2205.6% to 614.4% over the past 5 years.
Debt Coverage: MME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MME's interest payments on its debt are well covered by EBIT.