Manufacturing Integration Technology Balance Sheet Health
Financial Health criteria checks 4/6
Manufacturing Integration Technology has a total shareholder equity of SGD10.1M and total debt of SGD1.3M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are SGD14.8M and SGD4.7M respectively.
Key information
12.8%
Debt to equity ratio
S$1.29m
Debt
Interest coverage ratio | n/a |
Cash | S$1.22m |
Equity | S$10.09m |
Total liabilities | S$4.70m |
Total assets | S$14.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: M11's short term assets (SGD5.9M) exceed its short term liabilities (SGD4.0M).
Long Term Liabilities: M11's short term assets (SGD5.9M) exceed its long term liabilities (SGD678.0K).
Debt to Equity History and Analysis
Debt Level: M11's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: M11's debt to equity ratio has reduced from 15.9% to 12.8% 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: M11 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: M11 has less than a year of cash runway if free cash flow continues to grow at historical rates of 9% each year.