Phoenix Mecano Balance Sheet Health
Financial Health criteria checks 6/6
Phoenix Mecano has a total shareholder equity of €273.3M and total debt of €122.5M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are €599.1M and €325.8M respectively. Phoenix Mecano's EBIT is €54.1M making its interest coverage ratio 28.8. It has cash and short-term investments of €86.2M.
Key information
44.8%
Debt to equity ratio
€122.50m
Debt
| Interest coverage ratio | 28.8x |
| Cash | €86.20m |
| Equity | €273.30m |
| Total liabilities | €325.80m |
| Total assets | €599.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMNE's short term assets (€407.1M) exceed its short term liabilities (€249.9M).
Long Term Liabilities: PMNE's short term assets (€407.1M) exceed its long term liabilities (€75.9M).
Debt to Equity History and Analysis
Debt Level: PMNE's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: PMNE's debt to equity ratio has reduced from 62.6% to 44.8% over the past 5 years.
Debt Coverage: PMNE's debt is well covered by operating cash flow (55.1%).
Interest Coverage: PMNE's interest payments on its debt are well covered by EBIT (28.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Phoenix Mecano AG is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Roost | Baader Helvea Equity Research |
| Andreas Escher | Bank Vontobel AG |
| Reto Huber | Research Partners AG |