MoneyMe Balance Sheet Health
Financial Health criteria checks 3/6
MoneyMe has a total shareholder equity of A$173.0M and total debt of A$1.1B, which brings its debt-to-equity ratio to 631.9%. Its total assets and total liabilities are A$1.3B and A$1.1B respectively.
Key information
631.9%
Debt to equity ratio
AU$1.09b
Debt
Interest coverage ratio | n/a |
Cash | AU$75.08m |
Equity | AU$172.95m |
Total liabilities | AU$1.10b |
Total assets | AU$1.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MME's short term assets (A$1.2B) exceed its short term liabilities (A$7.7M).
Long Term Liabilities: MME's short term assets (A$1.2B) exceed its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: MME's net debt to equity ratio (588.5%) is considered high.
Reducing Debt: MME's debt to equity ratio has reduced from 1538.1% to 631.9% over the past 5 years.
Debt Coverage: MME's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: Insufficient data to determine if MME's interest payments on its debt are well covered by EBIT.