Metro Performance Glass Balance Sheet Health
Financial Health criteria checks 2/6
Metro Performance Glass has a total shareholder equity of NZ$43.5M and total debt of NZ$64.6M, which brings its debt-to-equity ratio to 148.6%. Its total assets and total liabilities are NZ$217.2M and NZ$173.7M respectively.
Key information
148.6%
Debt to equity ratio
NZ$64.55m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$9.31m |
| Equity | NZ$43.45m |
| Total liabilities | NZ$173.71m |
| Total assets | NZ$217.16m |
Recent financial health updates
Is Metro Performance Glass (NZSE:MPG) A Risky Investment?
Jul 10
Metro Performance Glass (NZSE:MPG) Use Of Debt Could Be Considered Risky
Sep 14Does Metro Performance Glass (NZSE:MPG) Have A Healthy Balance Sheet?
Dec 22Recent updates
Is Metro Performance Glass (NZSE:MPG) A Risky Investment?
Jul 10Returns On Capital Signal Difficult Times Ahead For Metro Performance Glass (NZSE:MPG)
May 11Metro Performance Glass (NZSE:MPG) Use Of Debt Could Be Considered Risky
Sep 14Metro Performance Glass (NZSE:MPG) Could Be Struggling To Allocate Capital
Jul 23Earnings Release: Here's Why Analysts Cut Their Metro Performance Glass Limited (NZSE:MPG) Price Target To NZ$0.44
May 31Metro Performance Glass' (NZSE:MPG) Returns On Capital Not Reflecting Well On The Business
Feb 21Metro Performance Glass' (NZSE:MPG) Returns On Capital Not Reflecting Well On The Business
May 21Is Metro Performance Glass Limited (NZSE:MPG) Trading At A 43% Discount?
Apr 16Metro Performance Glass'(NZSE:MPG) Share Price Is Down 76% Over The Past Five Years.
Mar 03Is Metro Performance Glass (NZSE:MPG) Using Capital Effectively?
Jan 26
Does Metro Performance Glass (NZSE:MPG) Have A Healthy Balance Sheet?
Dec 22Would Shareholders Who Purchased Metro Performance Glass' (NZSE:MPG) Stock Five Years Be Happy With The Share price Today?
Nov 17Financial Position Analysis
Short Term Liabilities: MPG's short term assets (NZ$70.8M) do not cover its short term liabilities (NZ$99.5M).
Long Term Liabilities: MPG's short term assets (NZ$70.8M) do not cover its long term liabilities (NZ$74.2M).
Debt to Equity History and Analysis
Debt Level: MPG's net debt to equity ratio (127.1%) is considered high.
Reducing Debt: MPG's debt to equity ratio has increased from 48.6% to 148.6% over the past 5 years.
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 MPG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MPG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 17:58 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Metro Performance Glass Limited is covered by 4 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 |
|---|---|
| Grant Lowe | Credit Suisse |
| Christopher Byrne | Deutsche Bank |
| Matthew Henry | Goldman Sachs |