Murray Cod Australia Balance Sheet Health
Financial Health criteria checks 3/6
Murray Cod Australia has a total shareholder equity of A$91.1M and total debt of A$20.0M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are A$136.7M and A$45.6M respectively.
Key information
22.0%
Debt to equity ratio
AU$20.02m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$20.75m |
| Equity | AU$91.08m |
| Total liabilities | AU$45.58m |
| Total assets | AU$136.67m |
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$55.0M) exceed its short term liabilities (A$4.4M).
Long Term Liabilities: MCA's short term assets (A$55.0M) exceed its long term liabilities (A$41.2M).
Debt to Equity History and Analysis
Debt Level: MCA has more cash than its total debt.
Reducing Debt: MCA's debt to equity ratio has increased from 3.6% to 22% 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 less than a year of cash runway 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 28% each year