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Magnet Forensics Balance Sheet Health
Financial Health criteria checks 5/6
Key information
1.3%
Debt to equity ratio
US$1.31m
Debt
| Interest coverage ratio | -13.3x |
| Cash | US$146.81m |
| Equity | US$101.72m |
| Total liabilities | US$89.93m |
| Total assets | US$191.65m |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Magnet Forensics (TSE:MAGT) Aren't Ideal
Jan 03
Magnet Forensics Inc. (TSE:MAGT) Shares Could Be 46% Below Their Intrinsic Value Estimate
Oct 30Returns On Capital Are Showing Encouraging Signs At Magnet Forensics (TSE:MAGT)
Sep 21Is There An Opportunity With Magnet Forensics Inc.'s (TSE:MAGT) 28% Undervaluation?
May 09More Unpleasant Surprises Could Be In Store For Magnet Forensics Inc.'s (TSE:MAGT) Shares After Tumbling 25%
Jan 28A Look At The Intrinsic Value Of Magnet Forensics Inc. (TSE:MAGT)
Jan 11Financial Position Analysis
Short Term Liabilities: MAGT's short term assets ($170.4M) exceed its short term liabilities ($74.5M).
Long Term Liabilities: MAGT's short term assets ($170.4M) exceed its long term liabilities ($15.4M).
Debt to Equity History and Analysis
Debt Level: MAGT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MAGT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAGT's debt is well covered by operating cash flow (2602%).
Interest Coverage: MAGT earns more interest than it pays, so coverage of interest payments is not a concern.