Mayne Pharma Group Balance Sheet Health
Financial Health criteria checks 5/6
Mayne Pharma Group has a total shareholder equity of A$454.2M and total debt of A$31.6M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are A$1.1B and A$689.0M respectively.
Key information
7.0%
Debt to equity ratio
AU$31.64m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$149.28m |
| Equity | AU$454.19m |
| Total liabilities | AU$688.99m |
| Total assets | AU$1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HG6's short term assets (A$460.6M) exceed its short term liabilities (A$313.9M).
Long Term Liabilities: HG6's short term assets (A$460.6M) exceed its long term liabilities (A$375.1M).
Debt to Equity History and Analysis
Debt Level: HG6 has more cash than its total debt.
Reducing Debt: HG6's debt to equity ratio has reduced from 36.5% to 7% over the past 5 years.
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: HG6 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HG6 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.3% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 11:34 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mayne Pharma Group Limited is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| John Hester | Bell Potter |
| William Dunlop | BofA Global Research |