Muliang Viagoo Technology Balance Sheet Health
Financial Health criteria checks 5/6
Muliang Viagoo Technology has a total shareholder equity of $17.5M and total debt of $2.3M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are $26.5M and $8.9M respectively. Muliang Viagoo Technology's EBIT is $3.4M making its interest coverage ratio 32.8. It has cash and short-term investments of $3.0K.
Key information
13.3%
Debt to equity ratio
US$2.34m
Debt
| Interest coverage ratio | 32.8x |
| Cash | US$3.03k |
| Equity | US$17.53m |
| Total liabilities | US$8.93m |
| Total assets | US$26.45m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MULG's short term assets ($19.4M) exceed its short term liabilities ($8.9M).
Long Term Liabilities: MULG's short term assets ($19.4M) exceed its long term liabilities ($64.2K).
Debt to Equity History and Analysis
Debt Level: MULG's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: MULG's debt to equity ratio has reduced from 171.3% to 13.3% over the past 5 years.
Debt Coverage: MULG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MULG's interest payments on its debt are well covered by EBIT (32.8x coverage).