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 ratio3x
CashCA$63.54m
EquityCA$812.89m
Total liabilitiesCA$1.87b
Total assetsCA$2.68b

Recent financial health updates

Recent updates

MTY Food Group Inc. (TSE:MTY) Shares Could Be 47% Below Their Intrinsic Value Estimate

Feb 16
MTY Food Group Inc. (TSE:MTY) Shares Could Be 47% Below Their Intrinsic Value Estimate

Pinning Down MTY Food Group Inc.'s (TSE:MTY) P/E Is Difficult Right Now

Dec 20
Pinning Down MTY Food Group Inc.'s (TSE:MTY) P/E Is Difficult Right Now

Is There An Opportunity With MTY Food Group Inc.'s (TSE:MTY) 27% Undervaluation?

Oct 13
Is There An Opportunity With MTY Food Group Inc.'s (TSE:MTY) 27% Undervaluation?

Return Trends At MTY Food Group (TSE:MTY) Aren't Appealing

Sep 13
Return Trends At MTY Food Group (TSE:MTY) Aren't Appealing

At CA$65.66, Is MTY Food Group Inc. (TSE:MTY) Worth Looking At Closely?

Jul 18
At CA$65.66, Is MTY Food Group Inc. (TSE:MTY) Worth Looking At Closely?

A Look At The Fair Value Of MTY Food Group Inc. (TSE:MTY)

Jul 03
A Look At The Fair Value Of MTY Food Group Inc. (TSE:MTY)

MTY Food Group (TSE:MTY) Has Announced That It Will Be Increasing Its Dividend To CA$0.25

Apr 18
MTY Food Group (TSE:MTY) Has Announced That It Will Be Increasing Its Dividend To CA$0.25

Is Now The Time To Look At Buying MTY Food Group Inc. (TSE:MTY)?

Feb 09
Is Now The Time To Look At Buying MTY Food Group Inc. (TSE:MTY)?

MTY Food Group's (TSE:MTY) Upcoming Dividend Will Be Larger Than Last Year's

Jan 21
MTY Food Group's (TSE:MTY) Upcoming Dividend Will Be Larger Than Last Year's

MTY Food Group (TSE:MTY) Has A Pretty Healthy Balance Sheet

Dec 21
MTY Food Group (TSE:MTY) Has A Pretty Healthy Balance Sheet

Is Now An Opportune Moment To Examine MTY Food Group Inc. (TSE:MTY)?

Oct 09
Is Now An Opportune Moment To Examine MTY Food Group Inc. (TSE:MTY)?

Is MTY Food Group (TSE:MTY) Using Too Much Debt?

Aug 10
Is MTY Food Group (TSE:MTY) Using Too Much Debt?

Is MTY Food Group Inc. (TSE:MTY) Trading At A 34% Discount?

Jul 21
Is MTY Food Group Inc. (TSE:MTY) Trading At A 34% Discount?

Is It Too Late To Consider Buying MTY Food Group Inc. (TSE:MTY)?

Jul 08
Is It Too Late To Consider Buying MTY Food Group Inc. (TSE:MTY)?

Is MTY Food Group (TSE:MTY) Using Too Much Debt?

Apr 11
Is MTY Food Group (TSE:MTY) Using Too Much Debt?

An Intrinsic Calculation For MTY Food Group Inc. (TSE:MTY) Suggests It's 38% Undervalued

Mar 21
An Intrinsic Calculation For MTY Food Group Inc. (TSE:MTY) Suggests It's 38% Undervalued

We Think MTY Food Group (TSE:MTY) Can Stay On Top Of Its Debt

Jan 06
We Think MTY Food Group (TSE:MTY) Can Stay On Top Of Its Debt

Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?

Sep 21
Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?

Is MTY Food Group Inc. (TSE:MTY) Worth CA$63.5 Based On Its Intrinsic Value?

Jul 10
Is MTY Food Group Inc. (TSE:MTY) Worth CA$63.5 Based On Its Intrinsic Value?

Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?

May 15
Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?

Calculating The Intrinsic Value Of MTY Food Group Inc. (TSE:MTY)

Mar 26
Calculating The Intrinsic Value Of MTY Food Group Inc. (TSE:MTY)

Are Insiders Selling MTY Food Group Inc. (TSE:MTY) Stock?

Mar 05
Are Insiders Selling MTY Food Group Inc. (TSE:MTY) Stock?

Should MTY Food Group (TSE:MTY) Be Disappointed With Their 73% Profit?

Feb 12
Should MTY Food Group (TSE:MTY) Be Disappointed With Their 73% Profit?

Is MTY Food Group (TSE:MTY) A Risky Investment?

Jan 21
Is MTY Food Group (TSE:MTY) A Risky Investment?

When Should You Buy MTY Food Group Inc. (TSE:MTY)?

Dec 31
When Should You Buy MTY Food Group Inc. (TSE:MTY)?

MTY Food Group Inc. (TSE:MTY) Shares Could Be 26% Above Their Intrinsic Value Estimate

Dec 11
MTY Food Group Inc. (TSE:MTY) Shares Could Be 26% Above Their Intrinsic Value Estimate

Financial 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).


Balance Sheet


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