Multiexport Foods Balance Sheet Health
Financial Health criteria checks 2/6
Multiexport Foods has a total shareholder equity of $406.5M and total debt of $284.7M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are $949.1M and $542.6M respectively.
Key information
70.0%
Debt to equity ratio
US$284.72m
Debt
| Interest coverage ratio | n/a |
| Cash | US$35.78m |
| Equity | US$406.53m |
| Total liabilities | US$542.56m |
| Total assets | US$949.10m |
Recent financial health updates
Is Multiexport Foods (SNSE:MULTI X) Using Too Much Debt?
Jul 16
Multiexport Foods (SNSE:MULTI X) Is Carrying A Fair Bit Of Debt
Mar 17Is Multiexport Foods (SNSE:MULTIFOODS) A Risky Investment?
Oct 29Does Multiexport Foods (SNSE:MULTIFOODS) Have A Healthy Balance Sheet?
May 25Is Multiexport Foods (SNSE:MULTIFOODS) Using Too Much Debt?
Feb 03Recent updates
Is Multiexport Foods (SNSE:MULTI X) Using Too Much Debt?
Jul 16Multiexport Foods (SNSE:MULTI X) Is Carrying A Fair Bit Of Debt
Mar 17Multiexport Foods (SNSE:MULTI X) Shareholders Will Want The ROCE Trajectory To Continue
Nov 26Is Multiexport Foods (SNSE:MULTIFOODS) A Risky Investment?
Oct 29Does Multiexport Foods (SNSE:MULTIFOODS) Have A Healthy Balance Sheet?
May 25Is Multiexport Foods (SNSE:MULTIFOODS) Using Too Much Debt?
Feb 03Multiexport Foods (SNSE:MULTIFOODS) Has Rewarded Shareholders With An Exceptional 356% Total Return On Their Investment
Dec 12
Financial Position Analysis
Short Term Liabilities: MULTI X's short term assets ($600.8M) exceed its short term liabilities ($361.2M).
Long Term Liabilities: MULTI X's short term assets ($600.8M) exceed its long term liabilities ($181.4M).
Debt to Equity History and Analysis
Debt Level: MULTI X's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: MULTI X's debt to equity ratio has increased from 22.6% to 70% over the past 5 years.
Debt Coverage: MULTI X's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: Insufficient data to determine if MULTI X's interest payments on its debt are well covered by EBIT.