Matrix Composites & Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Matrix Composites & Engineering has a total shareholder equity of A$23.5M and total debt of A$9.3M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are A$81.3M and A$57.9M respectively.
Key information
39.8%
Debt to equity ratio
AU$9.34m
Debt
Interest coverage ratio | n/a |
Cash | AU$25.10m |
Equity | AU$23.45m |
Total liabilities | AU$57.89m |
Total assets | AU$81.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCE's short term assets (A$44.6M) exceed its short term liabilities (A$15.6M).
Long Term Liabilities: MCE's short term assets (A$44.6M) exceed its long term liabilities (A$42.2M).
Debt to Equity History and Analysis
Debt Level: MCE has more cash than its total debt.
Reducing Debt: MCE's debt to equity ratio has increased from 7.7% to 39.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MCE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MCE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.