MLG Oz Balance Sheet Health
Financial Health criteria checks 5/6
MLG Oz has a total shareholder equity of A$126.1M and total debt of A$5.4M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are A$260.6M and A$134.5M respectively. MLG Oz's EBIT is A$19.2M making its interest coverage ratio 6.8. It has cash and short-term investments of A$384.2K.
Key information
4.3%
Debt to equity ratio
AU$5.37m
Debt
Interest coverage ratio | 6.8x |
Cash | AU$384.22k |
Equity | AU$126.14m |
Total liabilities | AU$134.47m |
Total assets | AU$260.61m |
Recent financial health updates
No updates
Recent updates
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 (3.9%) is considered satisfactory.
Reducing Debt: MLG's debt to equity ratio has reduced from 15.7% to 4.3% over the past 5 years.
Debt Coverage: MLG's debt is well covered by operating cash flow (654.9%).
Interest Coverage: MLG's interest payments on its debt are well covered by EBIT (6.8x coverage).