M.P. Evans Group Balance Sheet Health
Financial Health criteria checks 5/6
M.P. Evans Group has a total shareholder equity of $505.1M and total debt of $54.4M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $625.1M and $120.1M respectively. M.P. Evans Group's EBIT is $76.5M making its interest coverage ratio 31.1. It has cash and short-term investments of $39.3M.
Key information
10.8%
Debt to equity ratio
US$54.42m
Debt
| Interest coverage ratio | 31.1x |
| Cash | US$39.32m |
| Equity | US$505.07m |
| Total liabilities | US$120.08m |
| Total assets | US$625.15m |
Recent financial health updates
Recent updates
M.P. Evans Group's (LON:MPE) Dividend Will Be Increased To $0.325
Mar 25
M.P. Evans Group's (LON:MPE) Dividend Will Be $0.125
Sep 14M.P. Evans Group's (LON:MPE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 08M.P. Evans Group's (LON:MPE) Upcoming Dividend Will Be Larger Than Last Year's
Mar 25M.P. Evans Group (LON:MPE) Is Paying Out A Larger Dividend Than Last Year
Oct 07M.P. Evans Group's (LON:MPE) Dividend Will Be Increased To $0.125
Sep 15Do M.P. Evans Group's (LON:MPE) Earnings Warrant Your Attention?
Jun 24M.P. Evans Group's (LON:MPE) Dividend Will Be Increased To UK£0.25
Apr 28M.P. Evans Group's (LON:MPE) Upcoming Dividend Will Be Larger Than Last Year's
Apr 08M.P. Evans Group's (LON:MPE) Earnings Are Weaker Than They Seem
Apr 01Need To Know: Analysts Are Much More Bullish On M.P. Evans Group PLC (LON:MPE) Revenues
Mar 31M.P. Evans Group's (LON:MPE) Upcoming Dividend Will Be Larger Than Last Year's
Mar 25Is M.P. Evans Group (LON:MPE) Using Too Much Debt?
May 26Results: M.P. Evans Group plc Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 26New Forecasts: Here's What Analysts Think The Future Holds For M.P. Evans Group plc (LON:MPE)
Mar 24Is M.P. Evans Group plc's (LON:MPE) Recent Performancer Underpinned By Weak Financials?
Mar 02M.P. Evans Group plc (LON:MPE) Investors Should Think About This Before Buying It For Its Dividend
Feb 04Did You Participate In Any Of M.P. Evans Group's (LON:MPE) Fantastic 106% Return ?
Jan 09
Do Insiders Own Lots Of Shares In M.P. Evans Group plc (LON:MPE)?
Dec 14M.P. Evans Group plc's (LON:MPE) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Nov 23Financial Position Analysis
Short Term Liabilities: MPE's short term assets ($100.1M) exceed its short term liabilities ($54.8M).
Long Term Liabilities: MPE's short term assets ($100.1M) exceed its long term liabilities ($65.2M).
Debt to Equity History and Analysis
Debt Level: MPE's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: MPE's debt to equity ratio has increased from 7.5% to 10.8% over the past 5 years.
Debt Coverage: MPE's debt is well covered by operating cash flow (153.7%).
Interest Coverage: MPE's interest payments on its debt are well covered by EBIT (31.1x coverage).