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MMA Offshore Balance Sheet Health
Financial Health criteria checks 6/6
MMA Offshore has a total shareholder equity of A$543.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$647.2M and A$103.4M respectively. MMA Offshore's EBIT is A$57.7M making its interest coverage ratio 18.8. It has cash and short-term investments of A$65.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 18.8x |
| Cash | AU$65.84m |
| Equity | AU$543.80m |
| Total liabilities | AU$103.35m |
| Total assets | AU$647.15m |
Recent financial health updates
Here's Why MMA Offshore (ASX:MRM) Can Afford Some Debt
Jun 02
Is MMA Offshore (ASX:MRM) A Risky Investment?
May 05Recent updates
There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise
Mar 26MMA Offshore Limited's (ASX:MRM) Intrinsic Value Is Potentially 59% Above Its Share Price
Jan 15MMA Offshore Limited (ASX:MRM) Held Back By Insufficient Growth Even After Shares Climb 28%
Dec 08Estimating The Fair Value Of MMA Offshore Limited (ASX:MRM)
Dec 20Here's Why MMA Offshore (ASX:MRM) Can Afford Some Debt
Jun 02Calculating The Intrinsic Value Of MMA Offshore Limited (ASX:MRM)
Feb 09There Are Some Reasons To Suggest That MMA Offshore's (ASX:MRM) Earnings A Poor Reflection Of Profitability
Sep 06Is MMA Offshore (ASX:MRM) A Risky Investment?
May 05Analyst Forecasts Just Became More Bearish On MMA Offshore Limited (ASX:MRM)
Feb 26MMA Offshore Limited (ASX:MRM) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Feb 25Analysts Expect Breakeven For MMA Offshore Limited (ASX:MRM) Before Long
Jan 14MMA Offshore (ASX:MRM) Share Prices Have Dropped 85% In The Last Five Years
Nov 27
Financial Position Analysis
Short Term Liabilities: MRM's short term assets (A$169.9M) exceed its short term liabilities (A$95.0M).
Long Term Liabilities: MRM's short term assets (A$169.9M) exceed its long term liabilities (A$8.3M).
Debt to Equity History and Analysis
Debt Level: MRM is debt free.
Reducing Debt: MRM has no debt compared to 5 years ago when its debt to equity ratio was 84.5%.
Debt Coverage: MRM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MRM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/25 07:24 |
| End of Day Share Price | 2024/07/24 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MMA Offshore Limited is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Laing | Bell Potter |
| David Evans | BofA Global Research |
| Cameron Bell | Canaccord Genuity |