Minerva Insurance Company Balance Sheet Health
Financial Health criteria checks 4/6
Minerva Insurance Company has a total shareholder equity of €12.7M and total debt of €4.8M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are €36.3M and €23.6M respectively. Minerva Insurance Company's EBIT is €1.7M making its interest coverage ratio 7.7. It has cash and short-term investments of €6.7M.
Key information
37.5%
Debt to equity ratio
€4.77m
Debt
| Interest coverage ratio | 7.7x |
| Cash | €6.66m |
| Equity | €12.70m |
| Total liabilities | €23.63m |
| Total assets | €36.33m |
Recent financial health updates
No updates
Recent updates
Potential Upside For Minerva Insurance Company Public Ltd (CSE:MINE) Not Without Risk
Sep 29
We Ran A Stock Scan For Earnings Growth And Minerva Insurance Company (CSE:MINE) Passed With Ease
Aug 07Minerva Insurance Company Public Ltd (CSE:MINE) Stock Rockets 77% But Many Are Still Ignoring The Company
Jun 15Minerva Insurance Company Public Ltd (CSE:MINE) Stock Rockets 30% But Many Are Still Ignoring The Company
Apr 25It's Down 29% But Minerva Insurance Company Public Ltd (CSE:MINE) Could Be Riskier Than It Looks
Mar 09Many Still Looking Away From Minerva Insurance Company Public Ltd (CSE:MINE)
Dec 29If You Like EPS Growth Then Check Out Minerva Insurance Company (CSE:MINE) Before It's Too Late
Aug 26Minerva Insurance Company Public Ltd's (CSE:MINE) 40% Share Price Plunge Could Signal Some Risk
Apr 13Financial Position Analysis
Short Term Liabilities: MINE's short term assets (€12.7M) do not cover its short term liabilities (€15.1M).
Long Term Liabilities: MINE's short term assets (€12.7M) exceed its long term liabilities (€8.5M).
Debt to Equity History and Analysis
Debt Level: MINE has more cash than its total debt.
Reducing Debt: MINE's debt to equity ratio has reduced from 55.2% to 37.5% over the past 5 years.
Debt Coverage: MINE's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: MINE's interest payments on its debt are well covered by EBIT (7.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 17:34 |
| End of Day Share Price | 2025/01/10 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
Minerva Insurance Company Public Ltd is covered by 0 analysts. 0 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 |
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