Midway Balance Sheet Health
Financial Health criteria checks 4/6
Midway has a total shareholder equity of A$134.0M and total debt of A$13.5M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are A$209.8M and A$75.8M respectively.
Key information
10.0%
Debt to equity ratio
AU$13.45m
Debt
Interest coverage ratio | n/a |
Cash | AU$28.84m |
Equity | AU$133.95m |
Total liabilities | AU$75.81m |
Total assets | AU$209.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWAY.F's short term assets (A$100.3M) exceed its short term liabilities (A$49.5M).
Long Term Liabilities: MWAY.F's short term assets (A$100.3M) exceed its long term liabilities (A$26.3M).
Debt to Equity History and Analysis
Debt Level: MWAY.F has more cash than its total debt.
Reducing Debt: MWAY.F's debt to equity ratio has reduced from 57.5% to 10% over the past 5 years.
Debt Coverage: MWAY.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MWAY.F's interest payments on its debt are well covered by EBIT.