mDR Balance Sheet Health
Financial Health criteria checks 4/6
mDR has a total shareholder equity of SGD97.1M and total debt of SGD48.9M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are SGD177.7M and SGD80.6M respectively. mDR's EBIT is SGD4.9M making its interest coverage ratio 1.6. It has cash and short-term investments of SGD27.6M.
Key information
50.4%
Debt to equity ratio
S$48.95m
Debt
| Interest coverage ratio | 1.6x |
| Cash | S$27.56m |
| Equity | S$97.10m |
| Total liabilities | S$80.58m |
| Total assets | S$177.68m |
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
Risks 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 (SGD67.0M) do not cover its short term liabilities (SGD74.2M).
Long Term Liabilities: Y3D's short term assets (SGD67.0M) exceed its long term liabilities (SGD6.4M).
Debt to Equity History and Analysis
Debt Level: Y3D's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: Y3D's debt to equity ratio has increased from 11.4% to 50.4% 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 26.2% per year.