Macquarie Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Macquarie Technology Group has a total shareholder equity of A$455.3M and total debt of A$92.2M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are A$689.9M and A$234.6M respectively. Macquarie Technology Group's EBIT is A$51.1M making its interest coverage ratio 13.4. It has cash and short-term investments of A$115.0M.
Key information
20.2%
Debt to equity ratio
AU$92.19m
Debt
| Interest coverage ratio | 13.4x |
| Cash | AU$114.97m |
| Equity | AU$455.25m |
| Total liabilities | AU$234.63m |
| Total assets | AU$689.89m |
Recent financial health updates
Is Macquarie Technology Group (ASX:MAQ) Using Too Much Debt?
Nov 05
Macquarie Technology Group (ASX:MAQ) Has A Pretty Healthy Balance Sheet
Jun 09These 4 Measures Indicate That Macquarie Telecom Group (ASX:MAQ) Is Using Debt Extensively
Feb 23Is Macquarie Telecom Group (ASX:MAQ) Using Too Much Debt?
Sep 16Macquarie Telecom Group (ASX:MAQ) Takes On Some Risk With Its Use Of Debt
May 10Does Macquarie Telecom Group (ASX:MAQ) Have A Healthy Balance Sheet?
Sep 21Recent updates
Is Macquarie Technology Group (ASX:MAQ) Using Too Much Debt?
Nov 05Capital Allocation Trends At Macquarie Technology Group (ASX:MAQ) Aren't Ideal
Aug 29If EPS Growth Is Important To You, Macquarie Technology Group (ASX:MAQ) Presents An Opportunity
Jul 18Some Confidence Is Lacking In Macquarie Technology Group Limited's (ASX:MAQ) P/S
May 28Here's Why We Think Macquarie Technology Group (ASX:MAQ) Is Well Worth Watching
Mar 19Macquarie Technology Group Limited's (ASX:MAQ) Business Is Yet to Catch Up With Its Share Price
Jan 22Some Investors May Be Worried About Macquarie Technology Group's (ASX:MAQ) Returns On Capital
Nov 29Is Now The Time To Put Macquarie Technology Group (ASX:MAQ) On Your Watchlist?
Nov 07Macquarie Technology Group (ASX:MAQ) Has A Pretty Healthy Balance Sheet
Jun 09These 4 Measures Indicate That Macquarie Telecom Group (ASX:MAQ) Is Using Debt Extensively
Feb 23Is Macquarie Telecom Group (ASX:MAQ) Using Too Much Debt?
Sep 16Be Wary Of Macquarie Telecom Group (ASX:MAQ) And Its Returns On Capital
Jun 24Macquarie Telecom Group (ASX:MAQ) Takes On Some Risk With Its Use Of Debt
May 10Here's What's Concerning About Macquarie Telecom Group's (ASX:MAQ) Returns On Capital
Mar 01Macquarie Telecom Group (ASX:MAQ) May Have Issues Allocating Its Capital
Nov 25Does Macquarie Telecom Group (ASX:MAQ) Have A Healthy Balance Sheet?
Sep 21Macquarie Telecom Group (ASX:MAQ) Is Experiencing Growth In Returns On Capital
Jun 10Does Macquarie Telecom Group (ASX:MAQ) Have A Healthy Balance Sheet?
May 04Macquarie Telecom Group Limited (ASX:MAQ) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Mar 16Earnings Update: Macquarie Telecom Group Limited (ASX:MAQ) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts
Feb 26Will The ROCE Trend At Macquarie Telecom Group (ASX:MAQ) Continue?
Feb 12
Is Macquarie Telecom Group Limited (ASX:MAQ) Popular Amongst Insiders?
Jan 25We're Not So Sure You Should Rely on Macquarie Telecom Group's (ASX:MAQ) Statutory Earnings
Jan 08Shareholders of Macquarie Telecom Group (ASX:MAQ) Must Be Delighted With Their 602% Total Return
Dec 21Macquarie Telecom Group (ASX:MAQ) Has A Somewhat Strained Balance Sheet
Dec 06Macquarie Telecom Group Limited's (ASX:MAQ) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Nov 23Macquarie Telecom Group (ASX:MAQ) Has A Somewhat Strained Balance Sheet
Sep 01Macquarie Telecom Group Limited's (ASX:MAQ) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Aug 18Will the Promising Trends At Macquarie Telecom Group (ASX:MAQ) Continue?
Jul 27Macquarie Telecom Group Limited's (ASX:MAQ) Share Price Not Quite Adding Up
Jul 07Financial Position Analysis
Short Term Liabilities: MAQ's short term assets (A$169.9M) exceed its short term liabilities (A$85.1M).
Long Term Liabilities: MAQ's short term assets (A$169.9M) exceed its long term liabilities (A$149.6M).
Debt to Equity History and Analysis
Debt Level: MAQ has more cash than its total debt.
Reducing Debt: MAQ's debt to equity ratio has increased from 0% to 20.2% over the past 5 years.
Debt Coverage: MAQ's debt is well covered by operating cash flow (127.8%).
Interest Coverage: MAQ's interest payments on its debt are well covered by EBIT (13.4x coverage).