MLP Balance Sheet Health
Financial Health criteria checks 5/6
MLP has a total shareholder equity of €532.2M and total debt of €66.9M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are €3.9B and €3.4B respectively. MLP's EBIT is €93.1M making its interest coverage ratio 5.4. It has cash and short-term investments of €1.1B.
Key information
12.6%
Debt to equity ratio
€66.93m
Debt
Interest coverage ratio | 5.4x |
Cash | €1.07b |
Equity | €532.21m |
Total liabilities | €3.39b |
Total assets | €3.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLP's short term assets (€3.3B) exceed its short term liabilities (€2.8B).
Long Term Liabilities: MLP's short term assets (€3.3B) exceed its long term liabilities (€550.5M).
Debt to Equity History and Analysis
Debt Level: MLP has more cash than its total debt.
Reducing Debt: MLP's debt to equity ratio has increased from 0% to 12.6% over the past 5 years.
Debt Coverage: MLP's debt is well covered by operating cash flow (174.3%).
Interest Coverage: MLP's interest payments on its debt are well covered by EBIT (5.4x coverage).