Megaport Balance Sheet Health
Financial Health criteria checks 5/6
Megaport has a total shareholder equity of A$144.7M and total debt of A$17.4M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are A$215.0M and A$70.4M respectively. Megaport's EBIT is A$3.9M making its interest coverage ratio 5.7. It has cash and short-term investments of A$62.5M.
Key information
12.0%
Debt to equity ratio
AU$17.36m
Debt
Interest coverage ratio | 5.7x |
Cash | AU$62.46m |
Equity | AU$144.65m |
Total liabilities | AU$70.38m |
Total assets | AU$215.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGPP.F's short term assets (A$97.6M) exceed its short term liabilities (A$51.1M).
Long Term Liabilities: MGPP.F's short term assets (A$97.6M) exceed its long term liabilities (A$19.3M).
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 0% to 12% over the past 5 years.
Debt Coverage: MGPP.F's debt is well covered by operating cash flow (199.9%).
Interest Coverage: MGPP.F's interest payments on its debt are well covered by EBIT (5.7x coverage).