Multiexport Foods Balance Sheet Health
Financial Health criteria checks 2/6
Multiexport Foods has a total shareholder equity of $427.6M and total debt of $269.0M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are $950.0M and $522.4M respectively.
Key information
62.9%
Debt to equity ratio
US$269.01m
Debt
Interest coverage ratio | n/a |
Cash | US$29.71m |
Equity | US$427.61m |
Total liabilities | US$522.43m |
Total assets | US$950.04m |
Recent financial health 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 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 12Financial Position Analysis
Short Term Liabilities: MULTI X's short term assets ($605.0M) exceed its short term liabilities ($328.8M).
Long Term Liabilities: MULTI X's short term assets ($605.0M) exceed its long term liabilities ($193.7M).
Debt to Equity History and Analysis
Debt Level: MULTI X's net debt to equity ratio (56%) is considered high.
Reducing Debt: MULTI X's debt to equity ratio has increased from 23.5% to 62.9% over the past 5 years.
Debt Coverage: MULTI X's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MULTI X's interest payments on its debt are well covered by EBIT.