Mpact Balance Sheet Health
Financial Health criteria checks 4/6
Mpact has a total shareholder equity of ZAR5.6B and total debt of ZAR3.5B, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are ZAR12.2B and ZAR6.6B respectively. Mpact's EBIT is ZAR1.1B making its interest coverage ratio 3.7. It has cash and short-term investments of ZAR543.9M.
Key information
62.6%
Debt to equity ratio
R3.48b
Debt
| Interest coverage ratio | 3.7x |
| Cash | R543.90m |
| Equity | R5.56b |
| Total liabilities | R6.62b |
| Total assets | R12.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MPT's short term assets (ZAR6.2B) exceed its short term liabilities (ZAR2.7B).
Long Term Liabilities: MPT's short term assets (ZAR6.2B) exceed its long term liabilities (ZAR4.0B).
Debt to Equity History and Analysis
Debt Level: MPT's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: MPT's debt to equity ratio has increased from 59.8% to 62.6% over the past 5 years.
Debt Coverage: MPT's debt is well covered by operating cash flow (40.3%).
Interest Coverage: MPT's interest payments on its debt are well covered by EBIT (3.7x coverage).