MAC Copper Limited
AASX:MACFinancial Position
As of June 30, 2023, MAC Copper Limited maintains a current ratio of 1.42, meaning it holds 1.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -3.33, indicating conservative leverage, while an interest coverage ratio of -1.86 demonstrates limited ability to service its debt obligations.
| Current Ratio | 1.42 |
| Quick Ratio | 0.34 |
| Debt / Equity | -3.33 |
| Interest Coverage | -1.86 |
Financial Efficiency
Over the twelve months ended June 30, 2023, MAC Copper Limited posted a negative return on equity (ROE) of -28.43, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -26.27, reflecting losses generated across the asset base. Return on capital employed (ROCE) is 0.27, useful for judging operating efficiency across full business cycles.
| Return on Equity (ROE) | -28.43 |
| Return on Assets (ROA) | -26.27 |
| Return on Capital Employed (ROCE) | 0.27 |
Margins
Over the twelve months ended June 30, 2023, MAC Copper Limited posted a gross margin of 100.00, reflecting its pricing power and cost economics. The operating margin of -101.34 and net profit margin of -188.79 provide insight into operational efficiency.
| Gross Margin | 100.00 |
| Operating Margin | -101.34 |
| Pretax Margin | -196.70 |
| Profit Margin | -188.79 |
| EBITDA Margin | -101.34 |
Scores
As of June 30, 2023, MAC Copper Limited has an Altman Z-Score of -0.66, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -0.66 |