Myeco Group Balance Sheet Health
Financial Health criteria checks 6/6
Myeco Group has a total shareholder equity of A$14.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.1M and A$4.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.11m |
| Equity | AU$14.03m |
| Total liabilities | AU$4.02m |
| Total assets | AU$18.05m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MZ60's short term assets (A$13.0M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: MZ60's short term assets (A$13.0M) exceed its long term liabilities (A$607.0K).
Debt to Equity History and Analysis
Debt Level: MZ60 is debt free.
Reducing Debt: MZ60 has no debt compared to 5 years ago when its debt to equity ratio was 14.3%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MZ60 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MZ60 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 14.5% each year.