Morella Balance Sheet Health
Financial Health criteria checks 3/6
Morella has a total shareholder equity of A$9.6M and total debt of A$3.3M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are A$14.0M and A$4.4M respectively.
Key information
34.6%
Debt to equity ratio
AU$3.32m
Debt
Interest coverage ratio | n/a |
Cash | AU$2.12m |
Equity | AU$9.61m |
Total liabilities | AU$4.43m |
Total assets | AU$14.04m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1MC's short term assets (A$2.9M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: 1MC's short term assets (A$2.9M) do not cover its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: 1MC's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 1MC's debt to equity ratio has reduced from 221.8% to 34.6% 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: 1MC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1MC has less than a year of cash runway if free cash flow continues to grow at historical rates of 50.1% each year.