Melodiol Global Health Balance Sheet Health
Financial Health criteria checks 1/6
Melodiol Global Health has a total shareholder equity of A$9.0M and total debt of A$10.5M, which brings its debt-to-equity ratio to 115.9%. Its total assets and total liabilities are A$32.8M and A$23.8M respectively.
Key information
115.9%
Debt to equity ratio
AU$10.48m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.08m |
| Equity | AU$9.05m |
| Total liabilities | AU$23.76m |
| Total assets | AU$32.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ME1DA's short term assets (A$11.1M) do not cover its short term liabilities (A$23.5M).
Long Term Liabilities: ME1DA's short term assets (A$11.1M) exceed its long term liabilities (A$268.0K).
Debt to Equity History and Analysis
Debt Level: ME1DA's net debt to equity ratio (103.9%) is considered high.
Reducing Debt: ME1DA's debt to equity ratio has increased from 0% to 115.9% 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: ME1DA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ME1DA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year