Market Balance Sheet Health
Financial Health criteria checks 1/6
Market has a total shareholder equity of A$66.9M and total debt of A$39.7M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are A$148.4M and A$81.5M respectively. Market's EBIT is A$250.5K making its interest coverage ratio 0.1. It has cash and short-term investments of A$6.8M.
Key information
59.4%
Debt to equity ratio
AU$39.74m
Debt
| Interest coverage ratio | 0.05x |
| Cash | AU$6.80m |
| Equity | AU$66.89m |
| Total liabilities | AU$81.49m |
| Total assets | AU$148.38m |
Recent financial health updates
These 4 Measures Indicate That Market Herald (ASX:TMH) Is Using Debt Extensively
Oct 27
These 4 Measures Indicate That Market Herald (ASX:TMH) Is Using Debt Safely
May 03Market Herald (ASX:TMH) Seems To Use Debt Quite Sensibly
Sep 18Is Market Herald (ASX:TMH) A Risky Investment?
Mar 10Recent updates
Not Many Are Piling Into The Market Limited (ASX:MKT) Just Yet
Aug 28Market (ASX:MKT) Could Be Struggling To Allocate Capital
Jun 26The Market Limited (ASX:MKT) Screens Well But There Might Be A Catch
May 14Market (ASX:MKT) Will Want To Turn Around Its Return Trends
Feb 23Capital Allocation Trends At Market (ASX:MKT) Aren't Ideal
Nov 18These 4 Measures Indicate That Market Herald (ASX:TMH) Is Using Debt Extensively
Oct 27Market Herald (ASX:TMH) Will Want To Turn Around Its Return Trends
Aug 16Returns On Capital Signal Tricky Times Ahead For Market Herald (ASX:TMH)
Aug 26These 4 Measures Indicate That Market Herald (ASX:TMH) Is Using Debt Safely
May 03Calculating The Intrinsic Value Of The Market Herald Limited (ASX:TMH)
Apr 07Market Herald (ASX:TMH) Seems To Use Debt Quite Sensibly
Sep 18A Look At The Fair Value Of The Market Herald Limited (ASX:TMH)
Apr 14Is Market Herald (ASX:TMH) A Risky Investment?
Mar 10Does The Market Herald Limited's (ASX:TMH) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Feb 12We Wouldn't Rely On Market Herald's (ASX:TMH) Statutory Earnings As A Guide
Jan 08
Financial Position Analysis
Short Term Liabilities: MKT's short term assets (A$24.1M) do not cover its short term liabilities (A$61.6M).
Long Term Liabilities: MKT's short term assets (A$24.1M) exceed its long term liabilities (A$19.9M).
Debt to Equity History and Analysis
Debt Level: MKT's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: MKT's debt to equity ratio has increased from 0% to 59.4% over the past 5 years.
Debt Coverage: MKT's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: MKT's interest payments on its debt are not well covered by EBIT (0.1x coverage).