Magontec Balance Sheet Health
Financial Health criteria checks 5/6
Magontec has a total shareholder equity of A$48.8M and total debt of A$2.3M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are A$67.6M and A$18.8M respectively.
Key information
4.7%
Debt to equity ratio
AU$2.30m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.89m |
| Equity | AU$48.80m |
| Total liabilities | AU$18.79m |
| Total assets | AU$67.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGL's short term assets (A$49.9M) exceed its short term liabilities (A$8.3M).
Long Term Liabilities: MGL's short term assets (A$49.9M) exceed its long term liabilities (A$10.4M).
Debt to Equity History and Analysis
Debt Level: MGL has more cash than its total debt.
Reducing Debt: MGL's debt to equity ratio has reduced from 63.2% to 4.7% over the past 5 years.
Debt Coverage: MGL's debt is well covered by operating cash flow (106.6%).
Interest Coverage: Insufficient data to determine if MGL's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 16:26 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Magontec Limited is covered by 1 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.
| Analyst | Institution |
|---|---|
| Andrew Johnston | MST Financial Services Pty Limited |