Metals X Balance Sheet Health
Financial Health criteria checks 5/6
Metals X has a total shareholder equity of A$348.7M and total debt of A$1,000.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$417.0M and A$68.3M respectively. Metals X's EBIT is A$63.3M making its interest coverage ratio -8.7. It has cash and short-term investments of A$181.6M.
Key information
0.0003%
Debt to equity ratio
AU$1.00k
Debt
| Interest coverage ratio | -8.7x |
| Cash | AU$181.65m |
| Equity | AU$348.73m |
| Total liabilities | AU$68.30m |
| Total assets | AU$417.02m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLX's short term assets (A$231.9M) exceed its short term liabilities (A$37.1M).
Long Term Liabilities: MLX's short term assets (A$231.9M) exceed its long term liabilities (A$31.2M).
Debt to Equity History and Analysis
Debt Level: MLX has more cash than its total debt.
Reducing Debt: MLX's debt to equity ratio has increased from 0% to 0% over the past 5 years.
Debt Coverage: MLX's debt is well covered by operating cash flow (9811100%).
Interest Coverage: MLX earns more interest than it pays, so coverage of interest payments is not a concern.