mDR Balance Sheet Health
Financial Health criteria checks 4/6
mDR has a total shareholder equity of SGD97.9M and total debt of SGD41.2M, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are SGD165.4M and SGD67.6M respectively. mDR's EBIT is SGD15.0M making its interest coverage ratio 5.4. It has cash and short-term investments of SGD18.2M.
Key information
42.1%
Debt to equity ratio
S$41.17m
Debt
| Interest coverage ratio | 5.4x |
| Cash | S$18.16m |
| Equity | S$97.88m |
| Total liabilities | S$67.56m |
| Total assets | S$165.44m |
Recent financial health updates
mDR (SGX:Y3D) Has A Pretty Healthy Balance Sheet
Jun 13
Does mDR (SGX:Y3D) Have A Healthy Balance Sheet?
Aug 25Is mDR (SGX:Y3D) A Risky Investment?
May 20Is mDR (SGX:A27) A Risky Investment?
Dec 23Recent updates
mDR Limited's (SGX:Y3D) Price Is Out Of Tune With Revenues
Oct 04mDR Limited (SGX:Y3D) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 21We Like These Underlying Return On Capital Trends At mDR (SGX:Y3D)
May 21Risks To Shareholder Returns Are Elevated At These Prices For mDR Limited (SGX:Y3D)
Apr 09A Look At The Intrinsic Value Of mDR Limited (SGX:Y3D)
Feb 29mDR (SGX:Y3D) Has A Pretty Healthy Balance Sheet
Jun 13The Returns On Capital At mDR (SGX:Y3D) Don't Inspire Confidence
Oct 28Does mDR (SGX:Y3D) Have A Healthy Balance Sheet?
Aug 25Is mDR (SGX:Y3D) A Risky Investment?
May 20Does mDR (SGX:Y3D) Have The Makings Of A Multi-Bagger?
Feb 22Is mDR (SGX:A27) A Risky Investment?
Dec 23Will the Promising Trends At mDR (SGX:Y3D) Continue?
Nov 19
Financial Position Analysis
Short Term Liabilities: Y3D's short term assets (SGD55.8M) do not cover its short term liabilities (SGD63.0M).
Long Term Liabilities: Y3D's short term assets (SGD55.8M) exceed its long term liabilities (SGD4.5M).
Debt to Equity History and Analysis
Debt Level: Y3D's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: Y3D's debt to equity ratio has increased from 34.5% to 42.1% 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 Y3D has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: Y3D is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.7% per year.