Manhattan Corporation Limited

ASX:MHC Stock Report

Market Cap: AU$4.5m

Manhattan Balance Sheet Health

Financial Health criteria checks 6/6

Manhattan has a total shareholder equity of A$12.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$12.6M and A$230.2K respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$1.85m
EquityAU$12.33m
Total liabilitiesAU$230.23k
Total assetsAU$12.56m

Recent financial health updates

Recent updates

Is Manhattan (ASX:MHC) In A Good Position To Deliver On Growth Plans?

Jul 06
Is Manhattan (ASX:MHC) In A Good Position To Deliver On Growth Plans?

Financial Position Analysis

Short Term Liabilities: MHC's short term assets (A$2.1M) exceed its short term liabilities (A$230.2K).

Long Term Liabilities: MHC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MHC is debt free.

Reducing Debt: MHC has not had any debt for 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: MHC has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MHC is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.


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