McPherson's Balance Sheet Health
Financial Health criteria checks 6/6
McPherson's has a total shareholder equity of A$109.5M and total debt of A$14.0M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are A$188.4M and A$78.9M respectively. McPherson's's EBIT is A$5.5M making its interest coverage ratio 3.1. It has cash and short-term investments of A$10.1M.
Key information
12.8%
Debt to equity ratio
AU$14.02m
Debt
| Interest coverage ratio | 3.1x |
| Cash | AU$10.06m |
| Equity | AU$109.46m |
| Total liabilities | AU$78.92m |
| Total assets | AU$188.38m |
Recent financial health updates
Here's Why McPherson's (ASX:MCP) Can Manage Its Debt Responsibly
Oct 09
These 4 Measures Indicate That McPherson's (ASX:MCP) Is Using Debt Reasonably Well
May 17Recent updates
McPherson's Limited's (ASX:MCP) Shares Climb 35% But Its Business Is Yet to Catch Up
Dec 18Here's Why McPherson's (ASX:MCP) Can Manage Its Debt Responsibly
Oct 09McPherson's (ASX:MCP) Will Pay A Smaller Dividend Than Last Year
Aug 28A Look At The Fair Value Of McPherson's Limited (ASX:MCP)
Jul 24These 4 Measures Indicate That McPherson's (ASX:MCP) Is Using Debt Reasonably Well
May 17Did You Participate In Any Of McPherson's' (ASX:MCP) Fantastic 149% Return ?
Feb 12Are McPherson's's (ASX:MCP) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 25Declining Stock and Decent Financials: Is The Market Wrong About McPherson's Limited (ASX:MCP)?
Jan 07
A Look At The Intrinsic Value Of McPherson's Limited (ASX:MCP)
Dec 20Analysts Just Shaved Their McPherson's Limited (ASX:MCP) Forecasts Dramatically
Dec 03Tread With Caution Around McPherson's Limited's (ASX:MCP) 5.0% Dividend Yield
Nov 22Have Insiders Been Buying McPherson's Limited (ASX:MCP) Shares This Year?
Sep 10Here's What McPherson's Limited's (ASX:MCP) Shareholder Ownership Structure Looks Like
Aug 19McPherson's Limited (ASX:MCP) P/E Isn't Throwing Up Surprises
Jul 30Is McPherson's Limited (ASX:MCP) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 15Should McPherson's Limited (ASX:MCP) Be Part Of Your Dividend Portfolio?
Jun 29Financial Position Analysis
Short Term Liabilities: MCP's short term assets (A$88.6M) exceed its short term liabilities (A$50.0M).
Long Term Liabilities: MCP's short term assets (A$88.6M) exceed its long term liabilities (A$28.9M).
Debt to Equity History and Analysis
Debt Level: MCP's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: MCP's debt to equity ratio has reduced from 28.8% to 12.8% 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: Whilst unprofitable MCP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.8% per year.