Megaport Balance Sheet Health
Financial Health criteria checks 5/6
Megaport has a total shareholder equity of A$154.1M and total debt of A$11.2M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are A$214.7M and A$60.6M respectively. Megaport's EBIT is A$4.6M making its interest coverage ratio 14.2. It has cash and short-term investments of A$72.7M.
Key information
7.3%
Debt to equity ratio
AU$11.21m
Debt
| Interest coverage ratio | 14.2x |
| Cash | AU$72.67m |
| Equity | AU$154.08m |
| Total liabilities | AU$60.62m |
| Total assets | AU$214.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGPP.F's short term assets (A$105.1M) exceed its short term liabilities (A$45.7M).
Long Term Liabilities: MGPP.F's short term assets (A$105.1M) exceed its long term liabilities (A$14.9M).
Debt to Equity History and Analysis
Debt Level: MGPP.F has more cash than its total debt.
Reducing Debt: MGPP.F's debt to equity ratio has increased from 2.3% to 7.3% over the past 5 years.
Debt Coverage: MGPP.F's debt is well covered by operating cash flow (461.7%).
Interest Coverage: MGPP.F's interest payments on its debt are well covered by EBIT (14.2x coverage).