Massy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Massy Holdings has a total shareholder equity of TTD8.0B and total debt of TTD3.0B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are TTD15.4B and TTD7.4B respectively. Massy Holdings's EBIT is TTD1.3B making its interest coverage ratio 5.2. It has cash and short-term investments of TTD2.4B.
Key information
37.4%
Debt to equity ratio
TT$3.00b
Debt
| Interest coverage ratio | 5.2x |
| Cash | TT$2.44b |
| Equity | TT$8.01b |
| Total liabilities | TT$7.43b |
| Total assets | TT$15.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASSY's short term assets (TTD7.4B) exceed its short term liabilities (TTD4.3B).
Long Term Liabilities: MASSY's short term assets (TTD7.4B) exceed its long term liabilities (TTD3.1B).
Debt to Equity History and Analysis
Debt Level: MASSY's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: MASSY's debt to equity ratio has increased from 37% to 37.4% over the past 5 years.
Debt Coverage: MASSY's debt is well covered by operating cash flow (45%).
Interest Coverage: MASSY's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 08:46 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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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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
Massy Holdings Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Pedro Baptista | Nau Securities Limited |