mm2 Asia Balance Sheet Health
Financial Health criteria checks 4/6
mm2 Asia has a total shareholder equity of SGD102.2M and total debt of SGD238.7M, which brings its debt-to-equity ratio to 233.6%. Its total assets and total liabilities are SGD472.5M and SGD370.4M respectively. mm2 Asia's EBIT is SGD34.0M making its interest coverage ratio 2.5. It has cash and short-term investments of SGD35.6M.
Key information
233.6%
Debt to equity ratio
S$238.67m
Debt
Interest coverage ratio | 2.5x |
Cash | S$35.57m |
Equity | S$102.16m |
Total liabilities | S$370.37m |
Total assets | S$472.53m |
Recent financial health updates
Here's Why mm2 Asia (SGX:1B0) Has A Meaningful Debt Burden
Jan 09Is mm2 Asia (SGX:1B0) Weighed On By Its Debt Load?
May 17Is mm2 Asia (SGX:1B0) Using Debt Sensibly?
Feb 17Is mm2 Asia (SGX:1B0) Weighed On By Its Debt Load?
Feb 08Recent updates
It's Down 27% But mm2 Asia Ltd. (SGX:1B0) Could Be Riskier Than It Looks
Feb 05Here's Why mm2 Asia (SGX:1B0) Has A Meaningful Debt Burden
Jan 09Is mm2 Asia (SGX:1B0) Weighed On By Its Debt Load?
May 17Is mm2 Asia (SGX:1B0) Using Debt Sensibly?
Feb 17Is mm2 Asia (SGX:1B0) Weighed On By Its Debt Load?
Feb 08What Type Of Returns Would mm2 Asia's(SGX:1B0) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 04Here's What mm2 Asia Ltd.'s (SGX:1B0) Shareholder Ownership Structure Looks Like
Nov 30Financial Position Analysis
Short Term Liabilities: 1B0's short term assets (SGD270.4M) exceed its short term liabilities (SGD237.2M).
Long Term Liabilities: 1B0's short term assets (SGD270.4M) exceed its long term liabilities (SGD133.1M).
Debt to Equity History and Analysis
Debt Level: 1B0's net debt to equity ratio (198.8%) is considered high.
Reducing Debt: 1B0's debt to equity ratio has increased from 80.9% to 233.6% 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 1B0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1B0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.4% per year.