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
If EPS Growth Is Important To You, Macquarie Technology Group (ASX:MAQ) Presents An Opportunity
Dec 12Is 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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Macquarie Technology Group Limited is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Steven Anastasiou | Bell Potter |
| Conor O’Prey | Canaccord Genuity |
| James McCafferty | CGS International |