Megaport Balance Sheet Health
Financial Health criteria checks 5/6
Megaport has a total shareholder equity of A$144.7M and total debt of A$17.4M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are A$215.0M and A$70.4M respectively. Megaport's EBIT is A$3.9M making its interest coverage ratio 5.7. It has cash and short-term investments of A$62.5M.
Key information
12.0%
Debt to equity ratio
AU$17.36m
Debt
| Interest coverage ratio | 5.7x |
| Cash | AU$62.46m |
| Equity | AU$144.65m |
| Total liabilities | AU$70.38m |
| Total assets | AU$215.03m |
Recent financial health updates
Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Oct 03
Is Megaport (ASX:MP1) Using Too Much Debt?
May 25Megaport (ASX:MP1) Has Debt But No Earnings; Should You Worry?
Sep 29Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Jun 27Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Mar 06Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Nov 21Recent updates
Megaport (ASX:MP1) Is Doing The Right Things To Multiply Its Share Price
Mar 24The Megaport Limited (ASX:MP1) Interim Results Are Out And Analysts Have Published New Forecasts
Feb 21Why Investors Shouldn't Be Surprised By Megaport Limited's (ASX:MP1) 48% Share Price Surge
Feb 09Revenues Tell The Story For Megaport Limited (ASX:MP1)
Dec 26Why Megaport Limited (ASX:MP1) Could Be Worth Watching
Dec 11Is There An Opportunity With Megaport Limited's (ASX:MP1) 44% Undervaluation?
Nov 27Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Oct 03An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 26% Undervalued
Aug 16Is It Too Late To Consider Buying Megaport Limited (ASX:MP1)?
Jul 04Is Megaport (ASX:MP1) Using Too Much Debt?
May 25Should You Investigate Megaport Limited (ASX:MP1) At AU$4.80?
Mar 13Is Megaport Limited (ASX:MP1) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 01Is It Time To Consider Buying Megaport Limited (ASX:MP1)?
Dec 07Increases to Megaport Limited's (ASX:MP1) CEO Compensation Might Cool off for now
Nov 16Megaport Limited (ASX:MP1) Shares Could Be 25% Below Their Intrinsic Value Estimate
Oct 16Megaport (ASX:MP1) Has Debt But No Earnings; Should You Worry?
Sep 29Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Jun 27Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Mar 06A Look At The Intrinsic Value Of Megaport Limited (ASX:MP1)
Jan 06Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Nov 21Calculating The Fair Value Of Megaport Limited (ASX:MP1)
Sep 03Is Megaport (ASX:MP1) A Risky Investment?
Jun 07Financial Position Analysis
Short Term Liabilities: MP1's short term assets (A$97.6M) exceed its short term liabilities (A$51.1M).
Long Term Liabilities: MP1's short term assets (A$97.6M) exceed its long term liabilities (A$19.3M).
Debt to Equity History and Analysis
Debt Level: MP1 has more cash than its total debt.
Reducing Debt: MP1's debt to equity ratio has increased from 0% to 12% over the past 5 years.
Debt Coverage: MP1's debt is well covered by operating cash flow (199.9%).
Interest Coverage: MP1's interest payments on its debt are well covered by EBIT (5.7x coverage).