Massy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Massy Holdings has a total shareholder equity of TTD7.7B and total debt of TTD3.1B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are TTD14.9B and TTD7.2B respectively. Massy Holdings's EBIT is TTD1.3B making its interest coverage ratio 7.4. It has cash and short-term investments of TTD1.4B.
Key information
40.2%
Debt to equity ratio
TT$3.11b
Debt
| Interest coverage ratio | 7.4x |
| Cash | TT$1.41b |
| Equity | TT$7.72b |
| Total liabilities | TT$7.19b |
| Total assets | TT$14.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASSY's short term assets (TTD7.0B) exceed its short term liabilities (TTD4.0B).
Long Term Liabilities: MASSY's short term assets (TTD7.0B) exceed its long term liabilities (TTD3.2B).
Debt to Equity History and Analysis
Debt Level: MASSY's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: MASSY's debt to equity ratio has increased from 38.4% to 40.2% over the past 5 years.
Debt Coverage: MASSY's debt is well covered by operating cash flow (40.4%).
Interest Coverage: MASSY's interest payments on its debt are well covered by EBIT (7.4x coverage).