Me Today Balance Sheet Health
Financial Health criteria checks 4/6
Me Today has a total shareholder equity of NZ$4.6M and total debt of NZ$13.7M, which brings its debt-to-equity ratio to 295.9%. Its total assets and total liabilities are NZ$20.7M and NZ$16.0M respectively.
Key information
295.9%
Debt to equity ratio
NZ$13.70m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$913.00k |
| Equity | NZ$4.63m |
| Total liabilities | NZ$16.03m |
| Total assets | NZ$20.65m |
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$17.1M) exceed its short term liabilities (NZ$3.2M).
Long Term Liabilities: MEE's short term assets (NZ$17.1M) exceed its long term liabilities (NZ$12.8M).
Debt to Equity History and Analysis
Debt Level: MEE's net debt to equity ratio (276.2%) is considered high.
Reducing Debt: Insufficient data to determine if MEE's debt to equity ratio has reduced 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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MEE is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.