Mount Gibson Iron Balance Sheet Health
Financial Health criteria checks 6/6
Mount Gibson Iron has a total shareholder equity of A$546.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$664.3M and A$118.1M respectively. Mount Gibson Iron's EBIT is A$33.8M making its interest coverage ratio -2.2. It has cash and short-term investments of A$463.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -2.2x |
| Cash | AU$463.03m |
| Equity | AU$546.17m |
| Total liabilities | AU$118.13m |
| Total assets | AU$664.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTGR.Y's short term assets (A$529.9M) exceed its short term liabilities (A$60.5M).
Long Term Liabilities: MTGR.Y's short term assets (A$529.9M) exceed its long term liabilities (A$57.6M).
Debt to Equity History and Analysis
Debt Level: MTGR.Y is debt free.
Reducing Debt: MTGR.Y has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: MTGR.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MTGR.Y has no debt, therefore coverage of interest payments is not a concern.