MAX Automation Balance Sheet Health
Financial Health criteria checks 2/6
MAX Automation has a total shareholder equity of €114.9M and total debt of €121.5M, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are €385.0M and €270.1M respectively. MAX Automation's EBIT is €17.0M making its interest coverage ratio 1.3. It has cash and short-term investments of €23.2M.
Key information
105.8%
Debt to equity ratio
€121.48m
Debt
| Interest coverage ratio | 1.3x |
| Cash | €23.21m |
| Equity | €114.87m |
| Total liabilities | €270.12m |
| Total assets | €384.98m |
Recent financial health updates
Is MAX Automation (ETR:MXHN) A Risky Investment?
Jun 02
Is MAX Automation (ETR:MXHN) A Risky Investment?
Mar 01Recent updates
MAX Automation's (ETR:MXHN) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 20Investors Shouldn't Be Too Comfortable With MAX Automation's (ETR:MXHN) Robust Earnings
Mar 23Is MAX Automation (ETR:MXHN) A Risky Investment?
Jun 02MAX Automation SE (ETR:MXHN) On The Verge Of Breaking Even
Apr 10Is MAX Automation (ETR:MXHN) A Risky Investment?
Mar 01At €4.69, Is It Time To Put MAX Automation SE (ETR:MXHN) On Your Watch List?
Feb 08Are Investors Undervaluing MAX Automation SE (ETR:MXHN) By 39%?
Dec 28
What Kind Of Investors Own Most Of MAX Automation SE (ETR:MXHN)?
Dec 07Financial Position Analysis
Short Term Liabilities: MXHN's short term assets (€233.1M) exceed its short term liabilities (€122.2M).
Long Term Liabilities: MXHN's short term assets (€233.1M) exceed its long term liabilities (€147.9M).
Debt to Equity History and Analysis
Debt Level: MXHN's net debt to equity ratio (85.6%) is considered high.
Reducing Debt: MXHN's debt to equity ratio has increased from 98.1% to 105.8% over the past 5 years.
Debt Coverage: MXHN's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: MXHN's interest payments on its debt are not well covered by EBIT (1.3x coverage).