Metarock Group Financial Health
How is Metarock Group's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MYE's short term assets (A$124.7M) do not cover its short term liabilities (A$177.4M).
Long Term Liabilities: MYE's short term assets (A$124.7M) exceed its long term liabilities (A$38.6M).
Debt to Equity History and Analysis
Debt Level: MYE's net debt to equity ratio (94.7%) is considered high.
Reducing Debt: MYE's debt to equity ratio has increased from 23.7% to 101% over the past 5 years.
Debt Coverage: MYE's debt is well covered by operating cash flow (24.3%).
Interest Coverage: Insufficient data to determine if MYE's interest payments on its debt are well covered by EBIT.