MLP Balance Sheet Health
Financial Health criteria checks 5/6
MLP has a total shareholder equity of €547.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.0B and €3.4B respectively. MLP's EBIT is €127.2M making its interest coverage ratio 4.2. It has cash and short-term investments of €1.1B.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 4.2x |
| Cash | €1.11b |
| Equity | €547.48m |
| Total liabilities | €3.44b |
| Total assets | €3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLP's short term assets (€3.4B) exceed its short term liabilities (€14.6M).
Long Term Liabilities: MLP's short term assets (€3.4B) do not cover its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: MLP is debt free.
Reducing Debt: MLP had no debt 5 years ago.
Debt Coverage: MLP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MLP has no debt, therefore coverage of interest payments is not a concern.