McMillan Shakespeare Balance Sheet Health
Financial Health criteria checks 3/6
McMillan Shakespeare has a total shareholder equity of A$133.1M and total debt of A$420.6M, which brings its debt-to-equity ratio to 315.9%. Its total assets and total liabilities are A$1.2B and A$1.1B respectively. McMillan Shakespeare's EBIT is A$126.3M making its interest coverage ratio 7.3. It has cash and short-term investments of A$146.1M.
Key information
315.9%
Debt to equity ratio
AU$420.59m
Debt
Interest coverage ratio | 7.3x |
Cash | AU$146.08m |
Equity | AU$133.13m |
Total liabilities | AU$1.06b |
Total assets | AU$1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMN's short term assets (A$685.4M) exceed its short term liabilities (A$574.6M).
Long Term Liabilities: NMN's short term assets (A$685.4M) exceed its long term liabilities (A$488.3M).
Debt to Equity History and Analysis
Debt Level: NMN's net debt to equity ratio (206.2%) is considered high.
Reducing Debt: NMN's debt to equity ratio has increased from 99.3% to 315.9% over the past 5 years.
Debt Coverage: NMN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NMN's interest payments on its debt are well covered by EBIT (7.3x coverage).