Manufacturing Integration Technology Balance Sheet Health
Financial Health criteria checks 3/6
Manufacturing Integration Technology has a total shareholder equity of SGD8.3M and total debt of SGD1.8M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are SGD14.2M and SGD5.9M respectively.
Key information
21.2%
Debt to equity ratio
S$1.77m
Debt
| Interest coverage ratio | n/a |
| Cash | S$843.00k |
| Equity | S$8.34m |
| Total liabilities | S$5.87m |
| Total assets | S$14.21m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: M11's short term assets (SGD5.7M) exceed its short term liabilities (SGD5.4M).
Long Term Liabilities: M11's short term assets (SGD5.7M) exceed its long term liabilities (SGD510.0K).
Debt to Equity History and Analysis
Debt Level: M11's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: M11's debt to equity ratio has increased from 0.4% to 21.2% 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 27.8% each year.