MLG Oz Limited

ASX:MLG Stock Report

Market Cap: AU$80.5m

MLG Oz Balance Sheet Health

Financial Health criteria checks 3/6

MLG Oz has a total shareholder equity of A$126.1M and total debt of A$59.3M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are A$260.6M and A$134.5M respectively. MLG Oz's EBIT is A$21.1M making its interest coverage ratio 6.3. It has cash and short-term investments of A$384.2K.

Key information

47.0%

Debt to equity ratio

AU$59.34m

Debt

Interest coverage ratio6.3x
CashAU$384.22k
EquityAU$126.14m
Total liabilitiesAU$134.47m
Total assetsAU$260.61m

Recent financial health updates

We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Jun 17
We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Feb 22
We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Recent updates

There Are Reasons To Feel Uneasy About MLG Oz's (ASX:MLG) Returns On Capital

Jul 31
There Are Reasons To Feel Uneasy About MLG Oz's (ASX:MLG) Returns On Capital

We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Jun 17
We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Further Upside For MLG Oz Limited (ASX:MLG) Shares Could Introduce Price Risks After 27% Bounce

May 21
Further Upside For MLG Oz Limited (ASX:MLG) Shares Could Introduce Price Risks After 27% Bounce

Estimating The Intrinsic Value Of MLG Oz Limited (ASX:MLG)

May 09
Estimating The Intrinsic Value Of MLG Oz Limited (ASX:MLG)

MLG Oz (ASX:MLG) Will Want To Turn Around Its Return Trends

Apr 12
MLG Oz (ASX:MLG) Will Want To Turn Around Its Return Trends

We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Feb 22
We Think MLG Oz (ASX:MLG) Can Stay On Top Of Its Debt

Improved Revenues Required Before MLG Oz Limited (ASX:MLG) Stock's 25% Jump Looks Justified

Dec 13
Improved Revenues Required Before MLG Oz Limited (ASX:MLG) Stock's 25% Jump Looks Justified

Investors Could Be Concerned With MLG Oz's (ASX:MLG) Returns On Capital

Dec 08
Investors Could Be Concerned With MLG Oz's (ASX:MLG) Returns On Capital

Estimating The Fair Value Of MLG Oz Limited (ASX:MLG)

Jun 07
Estimating The Fair Value Of MLG Oz Limited (ASX:MLG)

Returns On Capital Signal Tricky Times Ahead For MLG Oz (ASX:MLG)

May 02
Returns On Capital Signal Tricky Times Ahead For MLG Oz (ASX:MLG)

Estimating The Intrinsic Value Of MLG Oz Limited (ASX:MLG)

Oct 24
Estimating The Intrinsic Value Of MLG Oz Limited (ASX:MLG)

MLG Oz (ASX:MLG) Will Want To Turn Around Its Return Trends

Sep 12
MLG Oz (ASX:MLG) Will Want To Turn Around Its Return Trends

Some Investors May Be Worried About MLG Oz's (ASX:MLG) Returns On Capital

Jun 08
Some Investors May Be Worried About MLG Oz's (ASX:MLG) Returns On Capital

MLG Oz Limited Just Beat Revenue By 16%: Here's What Analysts Think Will Happen Next

Feb 24
MLG Oz Limited Just Beat Revenue By 16%: Here's What Analysts Think Will Happen Next

Is MLG Oz Limited (ASX:MLG) Trading At A 23% Discount?

Feb 11
Is MLG Oz Limited (ASX:MLG) Trading At A 23% Discount?

MLG Oz's (ASX:MLG) Performance Is Even Better Than Its Earnings Suggest

Aug 31
MLG Oz's (ASX:MLG) Performance Is Even Better Than Its Earnings Suggest

Financial Position Analysis

Short Term Liabilities: MLG's short term assets (A$70.6M) do not cover its short term liabilities (A$82.5M).

Long Term Liabilities: MLG's short term assets (A$70.6M) exceed its long term liabilities (A$52.0M).

Debt to Equity History and Analysis

Debt Level: MLG's net debt to equity ratio (46.7%) is considered high.

Reducing Debt: MLG's debt to equity ratio has increased from 17.3% to 47% over the past 5 years.

Debt Coverage: MLG's debt is well covered by operating cash flow (97.1%).

Interest Coverage: MLG's interest payments on its debt are well covered by EBIT (6.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 18:22
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MLG Oz Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hamish MurrayBell Potter
Chris BrownCGS International
Tom SartorMorgans Financial Limited