Midway Financial Health

Short Term Liabilities: MWY's short term assets (A$46.1M) do not cover its short term liabilities (A$62.9M).

Long Term Liabilities: MWY's short term assets (A$46.1M) do not cover its long term liabilities (A$69.4M).

Debt Level: MWY's net debt to equity ratio (27.8%) is considered satisfactory.

Reducing Debt: MWY's debt to equity ratio has reduced from 32.3% to 30.1% over the past 5 years.

Debt Coverage: MWY's operating cash flow is negative, therefore debt is not well covered.

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

• Healthy companies in the Materials industry.