Me Today Balance Sheet Health
Financial Health criteria checks 2/6
Me Today has a total shareholder equity of NZ$3.6M and total debt of NZ$15.4M, which brings its debt-to-equity ratio to 426.2%. Its total assets and total liabilities are NZ$21.5M and NZ$17.9M respectively.
Key information
426.2%
Debt to equity ratio
NZ$15.37m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$2.84m |
| Equity | NZ$3.61m |
| Total liabilities | NZ$17.86m |
| Total assets | NZ$21.46m |
Recent financial health updates
Me Today (NZSE:MEE) Is Making Moderate Use Of Debt
May 24
Me Today (NZSE:MEE) Is Carrying A Fair Bit Of Debt
Oct 04Me Today (NZSE:MEE) Is Making Moderate Use Of Debt
Jun 02Is Me Today (NZSE:MEE) Using Too Much Debt?
Jan 17Recent updates
Me Today Limited's (NZSE:MEE) CEO Compensation Looks Acceptable To Us And Here's Why
Dec 13Me Today (NZSE:MEE) Is Making Moderate Use Of Debt
May 24Me Today (NZSE:MEE) Is Carrying A Fair Bit Of Debt
Oct 04Me Today (NZSE:MEE) Is Making Moderate Use Of Debt
Jun 02Is Me Today (NZSE:MEE) Using Too Much Debt?
Jan 17Financial Position Analysis
Short Term Liabilities: MEE's short term assets (NZ$19.4M) exceed its short term liabilities (NZ$3.4M).
Long Term Liabilities: MEE's short term assets (NZ$19.4M) exceed its long term liabilities (NZ$14.5M).
Debt to Equity History and Analysis
Debt Level: MEE's net debt to equity ratio (347.6%) is considered high.
Reducing Debt: MEE's debt to equity ratio has increased from 0% to 426.2% 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: MEE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MEE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.6% each year