Mobvista Balance Sheet Health
Financial Health criteria checks 4/6
Mobvista has a total shareholder equity of $224.1M and total debt of $132.3M, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are $724.2M and $500.0M respectively. Mobvista's EBIT is $27.8M making its interest coverage ratio 6.2. It has cash and short-term investments of $109.9M.
Key information
59.0%
Debt to equity ratio
US$132.34m
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$109.94m |
| Equity | US$224.12m |
| Total liabilities | US$500.03m |
| Total assets | US$724.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6MO's short term assets ($398.3M) do not cover its short term liabilities ($485.0M).
Long Term Liabilities: 6MO's short term assets ($398.3M) exceed its long term liabilities ($15.1M).
Debt to Equity History and Analysis
Debt Level: 6MO's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 6MO's debt to equity ratio has increased from 20.9% to 59% over the past 5 years.
Debt Coverage: 6MO's debt is well covered by operating cash flow (135.1%).
Interest Coverage: 6MO's interest payments on its debt are well covered by EBIT (6.2x coverage).