MOVE Logistics Group Balance Sheet Health
Financial Health criteria checks 4/6
MOVE Logistics Group has a total shareholder equity of NZ$64.2M and total debt of NZ$28.9M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are NZ$316.5M and NZ$252.3M respectively.
Key information
45.0%
Debt to equity ratio
NZ$28.91m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$12.02m |
| Equity | NZ$64.20m |
| Total liabilities | NZ$252.30m |
| Total assets | NZ$316.50m |
Recent financial health updates
MOVE Logistics Group (NZSE:MOV) Has A Somewhat Strained Balance Sheet
Nov 09
We Think Move Logistics Group (NZSE:MOV) Is Taking Some Risk With Its Debt
Jun 23TIL Logistics Group (NZSE:TLL) Has A Somewhat Strained Balance Sheet
Apr 17Does TIL Logistics Group (NZSE:TLL) Have A Healthy Balance Sheet?
Dec 07
Recent updates
The Price Is Right For MOVE Logistics Group Limited (NZSE:MOV)
Jan 15MOVE Logistics Group (NZSE:MOV) Has A Somewhat Strained Balance Sheet
Nov 09We Think Move Logistics Group (NZSE:MOV) Is Taking Some Risk With Its Debt
Jun 23TIL Logistics Group (NZSE:TLL) Has A Somewhat Strained Balance Sheet
Apr 17A Note On TIL Logistics Group Limited's (NZSE:TLL) ROE and Debt To Equity
Mar 12Are TIL Logistics Group's (NZSE:TLL) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 05What Can We Make Of TIL Logistics Group's (NZSE:TLL) CEO Compensation?
Jan 15If You Had Bought TIL Logistics Group's (NZSE:TLL) Shares Three Years Ago You Would Be Down 50%
Dec 25Does TIL Logistics Group (NZSE:TLL) Have A Healthy Balance Sheet?
Dec 07Some Confidence Is Lacking In TIL Logistics Group Limited's (NZSE:TLL) P/E
Nov 17Financial Position Analysis
Short Term Liabilities: MOV's short term assets (NZ$57.7M) do not cover its short term liabilities (NZ$69.5M).
Long Term Liabilities: MOV's short term assets (NZ$57.7M) do not cover its long term liabilities (NZ$182.8M).
Debt to Equity History and Analysis
Debt Level: MOV's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: MOV's debt to equity ratio has reduced from 254.1% to 45% 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 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 32.1% per year.