MTY Food Group Balance Sheet Health
Financial Health criteria checks 2/6
MTY Food Group has a total shareholder equity of CA$812.9M and total debt of CA$770.0M, which brings its debt-to-equity ratio to 94.7%. Its total assets and total liabilities are CA$2.7B and CA$1.9B respectively. MTY Food Group's EBIT is CA$181.3M making its interest coverage ratio 3. It has cash and short-term investments of CA$63.5M.
Key information
94.7%
Debt to equity ratio
CA$769.99m
Debt
Interest coverage ratio | 3x |
Cash | CA$63.54m |
Equity | CA$812.89m |
Total liabilities | CA$1.87b |
Total assets | CA$2.68b |
Recent financial health updates
MTY Food Group (TSE:MTY) Has A Pretty Healthy Balance Sheet
Dec 21Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Aug 10Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Apr 11We Think MTY Food Group (TSE:MTY) Can Stay On Top Of Its Debt
Jan 06Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
Sep 21Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
May 15Recent updates
MTY Food Group Inc. (TSE:MTY) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 16Pinning Down MTY Food Group Inc.'s (TSE:MTY) P/E Is Difficult Right Now
Dec 20Is There An Opportunity With MTY Food Group Inc.'s (TSE:MTY) 27% Undervaluation?
Oct 13Return Trends At MTY Food Group (TSE:MTY) Aren't Appealing
Sep 13At CA$65.66, Is MTY Food Group Inc. (TSE:MTY) Worth Looking At Closely?
Jul 18A Look At The Fair Value Of MTY Food Group Inc. (TSE:MTY)
Jul 03MTY Food Group (TSE:MTY) Has Announced That It Will Be Increasing Its Dividend To CA$0.25
Apr 18Is Now The Time To Look At Buying MTY Food Group Inc. (TSE:MTY)?
Feb 09MTY Food Group's (TSE:MTY) Upcoming Dividend Will Be Larger Than Last Year's
Jan 21MTY Food Group (TSE:MTY) Has A Pretty Healthy Balance Sheet
Dec 21Is Now An Opportune Moment To Examine MTY Food Group Inc. (TSE:MTY)?
Oct 09Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Aug 10Is MTY Food Group Inc. (TSE:MTY) Trading At A 34% Discount?
Jul 21Is It Too Late To Consider Buying MTY Food Group Inc. (TSE:MTY)?
Jul 08Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Apr 11An Intrinsic Calculation For MTY Food Group Inc. (TSE:MTY) Suggests It's 38% Undervalued
Mar 21We Think MTY Food Group (TSE:MTY) Can Stay On Top Of Its Debt
Jan 06Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
Sep 21Is MTY Food Group Inc. (TSE:MTY) Worth CA$63.5 Based On Its Intrinsic Value?
Jul 10Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
May 15Calculating The Intrinsic Value Of MTY Food Group Inc. (TSE:MTY)
Mar 26Are Insiders Selling MTY Food Group Inc. (TSE:MTY) Stock?
Mar 05Should MTY Food Group (TSE:MTY) Be Disappointed With Their 73% Profit?
Feb 12Is MTY Food Group (TSE:MTY) A Risky Investment?
Jan 21When Should You Buy MTY Food Group Inc. (TSE:MTY)?
Dec 31MTY Food Group Inc. (TSE:MTY) Shares Could Be 26% Above Their Intrinsic Value Estimate
Dec 11Financial Position Analysis
Short Term Liabilities: MTY's short term assets (CA$281.1M) do not cover its short term liabilities (CA$440.6M).
Long Term Liabilities: MTY's short term assets (CA$281.1M) do not cover its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: MTY's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: MTY's debt to equity ratio has increased from 45.1% to 94.7% over the past 5 years.
Debt Coverage: MTY's debt is well covered by operating cash flow (24%).
Interest Coverage: MTY's interest payments on its debt are well covered by EBIT (3x coverage).