MOVE Logistics Group Financial Health
How is MOVE Logistics Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MOV's short term assets (NZ$100.5M) exceed its short term liabilities (NZ$85.6M).
Long Term Liabilities: MOV's short term assets (NZ$100.5M) do not cover its long term liabilities (NZ$168.6M).
Debt to Equity History and Analysis
Debt Level: MOV's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: MOV's debt to equity ratio has increased from 1% to 49.1% over the past 5 years.
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 MOV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MOV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 66.6% per year.