McMillan Shakespeare Limited

ASX MMS.AX

McMillan Shakespeare Limited Interest Coverage Ratio for the year ending June 30, 2024: 6.16

McMillan Shakespeare Limited Interest Coverage Ratio is 6.16 for the year ending June 30, 2024, a -40.83% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • McMillan Shakespeare Limited Interest Coverage Ratio for the year ending June 30, 2023 was 10.42, a -49.72% change year over year.
  • McMillan Shakespeare Limited Interest Coverage Ratio for the year ending June 30, 2022 was 20.72, a 67.51% change year over year.
  • McMillan Shakespeare Limited Interest Coverage Ratio for the year ending June 30, 2021 was 12.37, a 222.46% change year over year.
  • McMillan Shakespeare Limited Interest Coverage Ratio for the year ending June 30, 2020 was 3.84, a -63.41% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
ASX: MMS.AX

McMillan Shakespeare Limited

Description

McMillan Shakespeare Limited provides salary packaging, novated leasing, disability plan management and support co-ordination, asset management, and related financial products and services in Australia, the United Kingdom, and New Zealand. It operates through Group Remuneration Services, Asset Management Services, and Plan and Support Services segments. The Group Remuneration Services segment offers salary packaging and ancillary services, including novated leasing asset and finance procurement, motor vehicle administration, and other services. The Asset Management segment provides financing and ancillary management services related with motor vehicles, commercial vehicles, and equipment. This segment also offers retail brokerage services, as well as engages in the aggregation of finance originations and extended warranty cover. The Plan and Support Services segment provides plan management and support coordination services to participants in the national disability insurance scheme. The company also provides fleet management and software development services. It serves federal and state governments, public and private sectors, and health and charitable organizations. McMillan Shakespeare Limited founded in 1988 and is headquartered in Melbourne, Australia.

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StockViz Staff

February 6, 2025

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