Morella Balance Sheet Health
Financial Health criteria checks 5/6
Morella has a total shareholder equity of A$8.2M and total debt of A$3.5M, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are A$12.9M and A$4.6M respectively.
Key information
42.7%
Debt to equity ratio
AU$3.52m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.09m |
| Equity | AU$8.23m |
| Total liabilities | AU$4.64m |
| Total assets | AU$12.87m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1MC's short term assets (A$1.7M) exceed its short term liabilities (A$720.1K).
Long Term Liabilities: 1MC's short term assets (A$1.7M) do not cover its long term liabilities (A$3.9M).
Debt to Equity History and Analysis
Debt Level: 1MC's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 1MC's debt to equity ratio has reduced from 178.1% to 42.7% 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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1MC is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.