MOVE Logistics Group Balance Sheet Health
Financial Health criteria checks 4/6
MOVE Logistics Group has a total shareholder equity of NZ$64.2M and total debt of NZ$28.9M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are NZ$316.5M and NZ$252.3M respectively.
Key information
45.0%
Debt to equity ratio
NZ$28.91m
Debt
Interest coverage ratio | n/a |
Cash | NZ$12.02m |
Equity | NZ$64.20m |
Total liabilities | NZ$252.30m |
Total assets | NZ$316.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOV's short term assets (NZ$57.7M) do not cover its short term liabilities (NZ$69.5M).
Long Term Liabilities: MOV's short term assets (NZ$57.7M) do not cover its long term liabilities (NZ$182.8M).
Debt to Equity History and Analysis
Debt Level: MOV's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: MOV's debt to equity ratio has reduced from 254.1% to 45% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MOV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MOV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.1% per year.