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.