MAX Automation Balance Sheet Health
Financial Health criteria checks 5/6
MAX Automation has a total shareholder equity of €120.2M and total debt of €131.5M, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are €381.1M and €261.0M respectively. MAX Automation's EBIT is €10.9M making its interest coverage ratio 0.6. It has cash and short-term investments of €18.5M.
Key information
109.4%
Debt to equity ratio
€131.51m
Debt
| Interest coverage ratio | 0.6x |
| Cash | €18.49m |
| Equity | €120.16m |
| Total liabilities | €260.99m |
| Total assets | €381.15m |
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 (€225.1M) exceed its short term liabilities (€108.4M).
Long Term Liabilities: MXHN's short term assets (€225.1M) exceed its long term liabilities (€152.6M).
Debt to Equity History and Analysis
Debt Level: MXHN's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: MXHN's debt to equity ratio has reduced from 119.6% to 109.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MXHN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MXHN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.2% per year.