Mount Gibson Iron Financial Health

How is Mount Gibson Iron's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MGX's short term assets (A$178.4M) exceed its short term liabilities (A$106.9M).

Long Term Liabilities: MGX's short term assets (A$178.4M) exceed its long term liabilities (A$50.3M).


Debt to Equity History and Analysis

Debt Level: MGX has more cash than its total debt.

Reducing Debt: MGX's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.

Debt Coverage: MGX's debt is well covered by operating cash flow (1121.5%).

Interest Coverage: Insufficient data to determine if MGX's interest payments on its debt are well covered by EBIT.


Balance Sheet


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