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).