MTQ Balance Sheet Health
Financial Health criteria checks 6/6
MTQ has a total shareholder equity of SGD78.8M and total debt of SGD13.9M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are SGD128.3M and SGD49.6M respectively. MTQ's EBIT is SGD5.8M making its interest coverage ratio 3.1. It has cash and short-term investments of SGD12.3M.
Key information
17.6%
Debt to equity ratio
S$13.87m
Debt
| Interest coverage ratio | 3.1x |
| Cash | S$12.29m |
| Equity | S$78.77m |
| Total liabilities | S$49.57m |
| Total assets | S$128.34m |
Recent financial health updates
Does MTQ (SGX:M05) Have A Healthy Balance Sheet?
Jul 06
Is MTQ (SGX:M05) Using Too Much Debt?
Dec 05Does MTQ (SGX:M05) Have A Healthy Balance Sheet?
Jan 05Recent updates
Does MTQ (SGX:M05) Have A Healthy Balance Sheet?
Jul 06Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)
May 23Is MTQ (SGX:M05) Using Too Much Debt?
Dec 05MTQ (SGX:M05) Is Experiencing Growth In Returns On Capital
May 05Does MTQ (SGX:M05) Deserve A Spot On Your Watchlist?
Mar 12Will MTQ's (SGX:M05) Growth In ROCE Persist?
Feb 01
Does MTQ (SGX:M05) Have A Healthy Balance Sheet?
Jan 05Our View On MTQ's (SGX:M05) CEO Pay
Dec 09Financial Position Analysis
Short Term Liabilities: M05's short term assets (SGD59.7M) exceed its short term liabilities (SGD17.7M).
Long Term Liabilities: M05's short term assets (SGD59.7M) exceed its long term liabilities (SGD31.9M).
Debt to Equity History and Analysis
Debt Level: M05's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: M05's debt to equity ratio has reduced from 30.5% to 17.6% over the past 5 years.
Debt Coverage: M05's debt is well covered by operating cash flow (31.7%).
Interest Coverage: M05's interest payments on its debt are well covered by EBIT (3.1x coverage).