Metarock Group Balance Sheet Health
Financial Health criteria checks 1/6
Metarock Group has a total shareholder equity of A$44.5M and total debt of A$60.0M, which brings its debt-to-equity ratio to 134.8%. Its total assets and total liabilities are A$186.3M and A$141.8M respectively. Metarock Group's EBIT is A$14.0M making its interest coverage ratio 1.6. It has cash and short-term investments of A$3.3M.
Key information
134.8%
Debt to equity ratio
AU$59.99m
Debt
Interest coverage ratio | 1.6x |
Cash | AU$3.31m |
Equity | AU$44.50m |
Total liabilities | AU$141.79m |
Total assets | AU$186.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 024's short term assets (A$111.3M) do not cover its short term liabilities (A$124.2M).
Long Term Liabilities: 024's short term assets (A$111.3M) exceed its long term liabilities (A$17.6M).
Debt to Equity History and Analysis
Debt Level: 024's net debt to equity ratio (127.4%) is considered high.
Reducing Debt: 024's debt to equity ratio has increased from 2.6% to 134.8% over the past 5 years.
Debt Coverage: 024's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 024's interest payments on its debt are not well covered by EBIT (1.6x coverage).