Multi Ways Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Multi Ways Holdings has a total shareholder equity of $16.8M and total debt of $13.6M, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are $63.7M and $46.9M respectively.
Key information
81.1%
Debt to equity ratio
US$13.60m
Debt
Interest coverage ratio | n/a |
Cash | US$9.99m |
Equity | US$16.77m |
Total liabilities | US$46.93m |
Total assets | US$63.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWG's short term assets ($51.7M) exceed its short term liabilities ($41.7M).
Long Term Liabilities: MWG's short term assets ($51.7M) exceed its long term liabilities ($5.2M).
Debt to Equity History and Analysis
Debt Level: MWG's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MWG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MWG's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: Insufficient data to determine if MWG's interest payments on its debt are well covered by EBIT.