Montea Comm. VA Balance Sheet Health
Financial Health criteria checks 2/6
Montea Comm. VA has a total shareholder equity of €1.6B and total debt of €923.9M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are €2.6B and €1.0B respectively. Montea Comm. VA's EBIT is €105.0M making its interest coverage ratio 5.6. It has cash and short-term investments of €12.9M.
Key information
57.4%
Debt to equity ratio
€923.92m
Debt
| Interest coverage ratio | 5.6x |
| Cash | €12.94m |
| Equity | €1.61b |
| Total liabilities | €1.03b |
| Total assets | €2.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MONT's short term assets (€57.4M) do not cover its short term liabilities (€104.7M).
Long Term Liabilities: MONT's short term assets (€57.4M) do not cover its long term liabilities (€923.9M).
Debt to Equity History and Analysis
Debt Level: MONT's net debt to equity ratio (56.6%) is considered high.
Reducing Debt: MONT's debt to equity ratio has reduced from 67.9% to 57.4% over the past 5 years.
Debt Coverage: MONT's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: MONT's interest payments on its debt are well covered by EBIT (5.6x coverage).