MTQ Balance Sheet Health
Financial Health criteria checks 6/6
MTQ has a total shareholder equity of SGD77.9M and total debt of SGD6.6M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are SGD120.5M and SGD42.6M respectively. MTQ's EBIT is SGD7.0M making its interest coverage ratio 4.3. It has cash and short-term investments of SGD6.4M.
Key information
8.5%
Debt to equity ratio
S$6.62m
Debt
| Interest coverage ratio | 4.3x |
| Cash | S$6.39m |
| Equity | S$77.92m |
| Total liabilities | S$42.60m |
| Total assets | S$120.52m |
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
We Ran A Stock Scan For Earnings Growth And MTQ (SGX:M05) Passed With Ease
Aug 27Does 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 (SGD54.3M) exceed its short term liabilities (SGD18.1M).
Long Term Liabilities: M05's short term assets (SGD54.3M) exceed its long term liabilities (SGD24.5M).
Debt to Equity History and Analysis
Debt Level: M05's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: M05's debt to equity ratio has reduced from 29% to 8.5% over the past 5 years.
Debt Coverage: M05's debt is well covered by operating cash flow (148.6%).
Interest Coverage: M05's interest payments on its debt are well covered by EBIT (4.3x coverage).