MHM Automation Balance Sheet Health
Financial Health criteria checks 4/6
MHM Automation has a total shareholder equity of NZ$35.7M and total debt of NZ$29.6M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are NZ$125.9M and NZ$90.1M respectively. MHM Automation's EBIT is NZ$6.6M making its interest coverage ratio 12.6. It has cash and short-term investments of NZ$8.1M.
Key information
82.7%
Debt to equity ratio
NZ$29.55m
Debt
| Interest coverage ratio | 12.6x |
| Cash | NZ$8.10m |
| Equity | NZ$35.72m |
| Total liabilities | NZ$90.14m |
| Total assets | NZ$125.86m |
Recent financial health updates
Is MHM Automation (NZSE:MHM) Using Too Much Debt?
Apr 15
These 4 Measures Indicate That MHM Automation (NZSE:MHM) Is Using Debt Reasonably Well
Dec 10Recent updates
Here's Why MHM Automation (NZSE:MHM) Has Caught The Eye Of Investors
Nov 03We Ran A Stock Scan For Earnings Growth And MHM Automation (NZSE:MHM) Passed With Ease
Jul 26MHM Automation Limited's (NZSE:MHM) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Apr 14Here's Why I Think MHM Automation (NZSE:MHM) Might Deserve Your Attention Today
Mar 24MHM Automation's (NZSE:MHM) Strong Earnings Are Of Good Quality
Sep 01Is MHM Automation (NZSE:MHM) Using Too Much Debt?
Apr 15Is MHM Automation Limited's(NZSE:MHM) Recent Stock Performance Tethered To Its Strong Fundamentals?
Feb 21These 4 Measures Indicate That MHM Automation (NZSE:MHM) Is Using Debt Reasonably Well
Dec 10Financial Position Analysis
Short Term Liabilities: MHM's short term assets (NZ$46.3M) exceed its short term liabilities (NZ$43.5M).
Long Term Liabilities: MHM's short term assets (NZ$46.3M) do not cover its long term liabilities (NZ$46.6M).
Debt to Equity History and Analysis
Debt Level: MHM's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: MHM's debt to equity ratio has reduced from 162.8% to 82.7% over the past 5 years.
Debt Coverage: MHM's debt is well covered by operating cash flow (22.2%).
Interest Coverage: MHM's interest payments on its debt are well covered by EBIT (12.6x coverage).