Microalliance Group Balance Sheet Health
Financial Health criteria checks 6/6
Microalliance Group has a total shareholder equity of $30.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $31.9M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.69m |
| Equity | US$30.55m |
| Total liabilities | US$1.37m |
| Total assets | US$31.92m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MALG's short term assets ($31.1M) exceed its short term liabilities ($1.0M).
Long Term Liabilities: MALG's short term assets ($31.1M) exceed its long term liabilities ($316.2K).
Debt to Equity History and Analysis
Debt Level: MALG is debt free.
Reducing Debt: MALG has not had any debt for past 5 years.
Debt Coverage: MALG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MALG has no debt, therefore coverage of interest payments is not a concern.