Murray Cod Australia Balance Sheet Health
Financial Health criteria checks 4/6
Murray Cod Australia has a total shareholder equity of A$74.2M and total debt of A$22.2M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are A$122.6M and A$48.4M respectively.
Key information
29.9%
Debt to equity ratio
AU$22.17m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$17.88m |
| Equity | AU$74.17m |
| Total liabilities | AU$48.42m |
| Total assets | AU$122.59m |
Recent financial health updates
We're Hopeful That Murray Cod Australia (ASX:MCA) Will Use Its Cash Wisely
Aug 12
Companies Like Murray Cod Australia (ASX:MCA) Are In A Position To Invest In Growth
Sep 30Murray Cod Australia (ASX:MCA) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Apr 28Recent updates
We're Hopeful That Murray Cod Australia (ASX:MCA) Will Use Its Cash Wisely
Aug 12Companies Like Murray Cod Australia (ASX:MCA) Are In A Position To Invest In Growth
Sep 30Murray Cod Australia (ASX:MCA) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
Apr 28Murray Cod Australia's (ASX:MCA) Returns On Capital Are Heading Higher
May 31Murray Cod Australia Limited's (ASX:MCA) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 10What Can The Trends At Murray Cod Australia (ASX:MCA) Tell Us About Their Returns?
Feb 12
Announcing: Murray Cod Australia (ASX:MCA) Stock Increased An Energizing 162% In The Last Three Years
Dec 21Financial Position Analysis
Short Term Liabilities: MCA's short term assets (A$46.1M) exceed its short term liabilities (A$6.9M).
Long Term Liabilities: MCA's short term assets (A$46.1M) exceed its long term liabilities (A$41.5M).
Debt to Equity History and Analysis
Debt Level: MCA's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: MCA's debt to equity ratio has increased from 6.9% to 29.9% 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: MCA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.7% each year