MPower Group Balance Sheet Health
Financial Health criteria checks 0/6
MPower Group has a total shareholder equity of A$991.0K and total debt of A$17.9M, which brings its debt-to-equity ratio to 1808.8%. Its total assets and total liabilities are A$24.9M and A$23.9M respectively.
Key information
1,808.8%
Debt to equity ratio
AU$17.93m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.87m |
Equity | AU$991.00k |
Total liabilities | AU$23.88m |
Total assets | AU$24.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MPR's short term assets (A$4.2M) do not cover its short term liabilities (A$6.6M).
Long Term Liabilities: MPR's short term assets (A$4.2M) do not cover its long term liabilities (A$17.2M).
Debt to Equity History and Analysis
Debt Level: MPR's net debt to equity ratio (1519.5%) is considered high.
Reducing Debt: MPR's debt to equity ratio has increased from 254.6% to 1808.8% over the past 5 years.
Debt Coverage: MPR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MPR's interest payments on its debt are well covered by EBIT.