Memphasys Balance Sheet Health
Financial Health criteria checks 0/6
Memphasys has a total shareholder equity of A$6.6M and total debt of A$3.8M, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are A$13.1M and A$6.5M respectively.
Key information
57.0%
Debt to equity ratio
AU$3.77m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$24.47k |
| Equity | AU$6.62m |
| Total liabilities | AU$6.53m |
| Total assets | AU$13.15m |
Recent financial health updates
Memphasys (ASX:MEM) Is Making Moderate Use Of Debt
Mar 01
Memphasys (ASX:MEM) Is Making Moderate Use Of Debt
Jun 13Does Memphasys (ASX:MEM) Have A Healthy Balance Sheet?
Jun 20Is Memphasys (ASX:MEM) A Risky Investment?
Feb 28Memphasys (ASX:MEM) Is Making Moderate Use Of Debt
Sep 01Recent updates
Memphasys (ASX:MEM) Is Making Moderate Use Of Debt
Mar 01Memphasys (ASX:MEM) Is Making Moderate Use Of Debt
Jun 13Does Memphasys (ASX:MEM) Have A Healthy Balance Sheet?
Jun 20Is Memphasys (ASX:MEM) A Risky Investment?
Feb 28Memphasys (ASX:MEM) Is Making Moderate Use Of Debt
Sep 01Will Memphasys (ASX:MEM) Spend Its Cash Wisely?
Jan 07Financial Position Analysis
Short Term Liabilities: MEM's short term assets (A$807.9K) do not cover its short term liabilities (A$4.9M).
Long Term Liabilities: MEM's short term assets (A$807.9K) do not cover its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: MEM's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: MEM's debt to equity ratio has increased from 35.8% to 57% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MEM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MEM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.3% each year