MFF Capital Investments Balance Sheet Health
Financial Health criteria checks 5/6
MFF Capital Investments has a total shareholder equity of A$2.1B and total debt of A$163.2M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are A$2.6B and A$575.4M respectively. MFF Capital Investments's EBIT is A$656.1M making its interest coverage ratio 28.2. It has cash and short-term investments of A$2.6B.
Key information
7.9%
Debt to equity ratio
AU$163.19m
Debt
| Interest coverage ratio | 28.2x |
| Cash | AU$2.65b |
| Equity | AU$2.07b |
| Total liabilities | AU$575.41m |
| Total assets | AU$2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFF's short term assets (A$2.6B) exceed its short term liabilities (A$184.8M).
Long Term Liabilities: MFF's short term assets (A$2.6B) exceed its long term liabilities (A$390.6M).
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 2.8% to 7.9% over the past 5 years.
Debt Coverage: MFF's debt is well covered by operating cash flow (206.2%).
Interest Coverage: MFF's interest payments on its debt are well covered by EBIT (28.2x coverage).