Monash IVF Group Balance Sheet Health
Financial Health criteria checks 4/6
Monash IVF Group has a total shareholder equity of A$280.8M and total debt of A$42.8M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are A$450.1M and A$169.3M respectively. Monash IVF Group's EBIT is A$38.9M making its interest coverage ratio 9.3. It has cash and short-term investments of A$5.9M.
Key information
15.2%
Debt to equity ratio
AU$42.80m
Debt
Interest coverage ratio | 9.3x |
Cash | AU$5.93m |
Equity | AU$280.82m |
Total liabilities | AU$169.32m |
Total assets | AU$450.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MVF's short term assets (A$32.6M) do not cover its short term liabilities (A$91.6M).
Long Term Liabilities: MVF's short term assets (A$32.6M) do not cover its long term liabilities (A$77.7M).
Debt to Equity History and Analysis
Debt Level: MVF's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: MVF's debt to equity ratio has reduced from 54.4% to 15.2% over the past 5 years.
Debt Coverage: MVF's debt is well covered by operating cash flow (115.6%).
Interest Coverage: MVF's interest payments on its debt are well covered by EBIT (9.3x coverage).