MEI Pharma Balance Sheet Health
Financial Health criteria checks 6/6
MEI Pharma has a total shareholder equity of $59.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $78.5M and $19.1M respectively. MEI Pharma's EBIT is $15.0M making its interest coverage ratio -3.8. It has cash and short-term investments of $59.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -3.8x |
Cash | US$59.48m |
Equity | US$59.49m |
Total liabilities | US$19.05m |
Total assets | US$78.54m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JW9's short term assets ($66.2M) exceed its short term liabilities ($8.0M).
Long Term Liabilities: 0JW9's short term assets ($66.2M) exceed its long term liabilities ($11.0M).
Debt to Equity History and Analysis
Debt Level: 0JW9 is debt free.
Reducing Debt: 0JW9 has not had any debt for past 5 years.
Debt Coverage: 0JW9 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0JW9 has no debt, therefore coverage of interest payments is not a concern.