Mosaic Brands Balance Sheet Health
Financial Health criteria checks 1/6
Mosaic Brands has a total shareholder equity of A$-60.6M and total debt of A$48.6M, which brings its debt-to-equity ratio to -80.1%. Its total assets and total liabilities are A$313.5M and A$374.1M respectively. Mosaic Brands's EBIT is A$19.1M making its interest coverage ratio 2. It has cash and short-term investments of A$24.7M.
Key information
-80.1%
Debt to equity ratio
AU$48.59m
Debt
| Interest coverage ratio | 2x |
| Cash | AU$24.69m |
| Equity | -AU$60.64m |
| Total liabilities | AU$374.12m |
| Total assets | AU$313.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOZ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MOZ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MOZ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MOZ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MOZ's debt is well covered by operating cash flow (101.9%).
Interest Coverage: MOZ's interest payments on its debt are not well covered by EBIT (2x coverage).