Mulberry Group Balance Sheet Health
Financial Health criteria checks 2/6
Mulberry Group has a total shareholder equity of £-5.0M and total debt of £33.0M, which brings its debt-to-equity ratio to -663.6%. Its total assets and total liabilities are £103.1M and £108.1M respectively.
Key information
-663.6%
Debt to equity ratio
UK£32.96m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£8.76m |
| Equity | -UK£4.97m |
| Total liabilities | UK£108.09m |
| Total assets | UK£103.12m |
Recent financial health updates
Mulberry Group (LON:MUL) Has Debt But No Earnings; Should You Worry?
Jan 13
Is Mulberry Group (LON:MUL) Using Too Much Debt?
Feb 15Here's Why Mulberry Group (LON:MUL) Can Manage Its Debt Responsibly
Sep 02Is Mulberry Group (LON:MUL) Using Too Much Debt?
Dec 11
Recent updates
There's Reason For Concern Over Mulberry Group plc's (LON:MUL) Price
Mar 27Mulberry Group (LON:MUL) Has Debt But No Earnings; Should You Worry?
Jan 13Be Wary Of Mulberry Group (LON:MUL) And Its Returns On Capital
Sep 29Mulberry Group (LON:MUL) Hasn't Managed To Accelerate Its Returns
Apr 24Is Mulberry Group (LON:MUL) Using Too Much Debt?
Feb 15Returns On Capital At Mulberry Group (LON:MUL) Have Hit The Brakes
Jan 12Here's Why Mulberry Group (LON:MUL) Can Manage Its Debt Responsibly
Sep 02Returns On Capital At Mulberry Group (LON:MUL) Have Stalled
Nov 24Here's Why Shareholders Should Examine Mulberry Group plc's (LON:MUL) CEO Compensation Package More Closely
Sep 02We Like The Quality Of Mulberry Group's (LON:MUL) Earnings
Jul 28What Type Of Returns Would Mulberry Group's(LON:MUL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 19What We Learned About Mulberry Group's (LON:MUL) CEO Compensation
Jan 15Is Mulberry Group (LON:MUL) Using Too Much Debt?
Dec 11Financial Position Analysis
Short Term Liabilities: MUL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MUL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MUL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MUL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable MUL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MUL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.4% per year.