Masimba Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Masimba Holdings has a total shareholder equity of $24.2M and total debt of $1.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are $85.8M and $61.6M respectively. Masimba Holdings's EBIT is $8.2M making its interest coverage ratio 22.7. It has cash and short-term investments of $3.6M.
Key information
7.8%
Debt to equity ratio
US$1.88m
Debt
Interest coverage ratio | 22.7x |
Cash | US$3.62m |
Equity | US$24.23m |
Total liabilities | US$61.56m |
Total assets | US$85.78m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MSHL's short term assets ($54.3M) exceed its short term liabilities ($53.7M).
Long Term Liabilities: MSHL's short term assets ($54.3M) exceed its long term liabilities ($7.9M).
Debt to Equity History and Analysis
Debt Level: MSHL has more cash than its total debt.
Reducing Debt: MSHL's debt to equity ratio has increased from 5.1% to 7.8% over the past 5 years.
Debt Coverage: MSHL's debt is well covered by operating cash flow (264.7%).
Interest Coverage: MSHL's interest payments on its debt are well covered by EBIT (22.7x coverage).