Megaport Balance Sheet Health
Financial Health criteria checks 5/6
Megaport has a total shareholder equity of A$154.1M and total debt of A$11.2M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are A$214.7M and A$60.6M respectively. Megaport's EBIT is A$4.6M making its interest coverage ratio 14.2. It has cash and short-term investments of A$72.7M.
Key information
7.3%
Debt to equity ratio
AU$11.21m
Debt
| Interest coverage ratio | 14.2x |
| Cash | AU$72.67m |
| Equity | AU$154.08m |
| Total liabilities | AU$60.62m |
| Total assets | AU$214.70m |
Recent financial health updates
We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt
Jun 03
Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Oct 03Is 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 06Recent updates
Megaport Limited's (ASX:MP1) 26% Share Price Plunge Could Signal Some Risk
Sep 03Shareholders Can Be Confident That Megaport's (ASX:MP1) Earnings Are High Quality
Aug 28We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt
Jun 03Revenues Tell The Story For Megaport Limited (ASX:MP1)
May 21At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?
May 05Megaport Limited's (ASX:MP1) Intrinsic Value Is Potentially 40% Above Its Share Price
Apr 21Megaport (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 06Financial Position Analysis
Short Term Liabilities: MP1's short term assets (A$105.1M) exceed its short term liabilities (A$45.7M).
Long Term Liabilities: MP1's short term assets (A$105.1M) exceed its long term liabilities (A$14.9M).
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 2.3% to 7.3% over the past 5 years.
Debt Coverage: MP1's debt is well covered by operating cash flow (461.7%).
Interest Coverage: MP1's interest payments on its debt are well covered by EBIT (14.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:43 |
| 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
Megaport Limited is covered by 22 analysts. 15 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 |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |
| Eric Choi | Barrenjoey Markets Pty Limited |