Memphasys Balance Sheet Health
Financial Health criteria checks 0/6
Memphasys has a total shareholder equity of A$6.6M and total debt of A$3.8M, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are A$13.1M and A$6.5M respectively.
Key information
57.0%
Debt to equity ratio
AU$3.77m
Debt
Interest coverage ratio | n/a |
Cash | AU$24.47k |
Equity | AU$6.62m |
Total liabilities | AU$6.53m |
Total assets | AU$13.15m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IG7's short term assets (A$807.9K) do not cover its short term liabilities (A$4.9M).
Long Term Liabilities: IG7's short term assets (A$807.9K) do not cover its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: IG7's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: IG7's debt to equity ratio has increased from 35.8% to 57% 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: IG7 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IG7 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.3% each year