Masterflex Balance Sheet Health
Financial Health criteria checks 6/6
Masterflex has a total shareholder equity of €57.6M and total debt of €20.0M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are €93.7M and €36.1M respectively. Masterflex's EBIT is €12.2M making its interest coverage ratio 10.1. It has cash and short-term investments of €11.0M.
Key information
34.6%
Debt to equity ratio
€19.95m
Debt
| Interest coverage ratio | 10.1x |
| Cash | €11.03m |
| Equity | €57.60m |
| Total liabilities | €36.09m |
| Total assets | €93.69m |
Recent financial health updates
We Think Masterflex (ETR:MZX) Can Manage Its Debt With Ease
Sep 23
We Think Masterflex (ETR:MZX) Can Stay On Top Of Its Debt
Aug 31Here's Why Masterflex (ETR:MZX) Has A Meaningful Debt Burden
Feb 09
Recent updates
Masterflex's (ETR:MZX) Upcoming Dividend Will Be Larger Than Last Year's
Apr 25Masterflex SE (ETR:MZX) Shares Fly 28% But Investors Aren't Buying For Growth
Mar 23Masterflex's (ETR:MZX) Dividend Will Be Increased To €0.25
Mar 14With EPS Growth And More, Masterflex (ETR:MZX) Makes An Interesting Case
Mar 12Masterflex SE (ETR:MZX) Just Released Its Half-Year Earnings: Here's What Analysts Think
Aug 13Masterflex (ETR:MZX) Is Increasing Its Dividend To €0.20
Mar 24Does Masterflex (ETR:MZX) Deserve A Spot On Your Watchlist?
Dec 19Is Masterflex SE (ETR:MZX) Trading At A 46% Discount?
Nov 14We Think Masterflex (ETR:MZX) Can Manage Its Debt With Ease
Sep 23Slowing Rates Of Return At Masterflex (ETR:MZX) Leave Little Room For Excitement
Jan 25We Think Masterflex (ETR:MZX) Can Stay On Top Of Its Debt
Aug 31Are Investors Undervaluing Masterflex SE (ETR:MZX) By 35%?
May 07Has Masterflex (ETR:MZX) Got What It Takes To Become A Multi-Bagger?
Mar 18Should Masterflex SE (ETR:MZX) Be Part Of Your Dividend Portfolio?
Mar 01Here's Why Masterflex (ETR:MZX) Has A Meaningful Debt Burden
Feb 09Masterflex SE (ETR:MZX) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Jan 22Masterflex's(ETR:MZX) Share Price Is Down 35% Over The Past Three Years.
Jan 07Should You Use Masterflex's (ETR:MZX) Statutory Earnings To Analyse It?
Dec 23Is Masterflex SE (ETR:MZX) A Smart Choice For Dividend Investors?
Nov 25Financial Position Analysis
Short Term Liabilities: MZX's short term assets (€44.3M) exceed its short term liabilities (€30.8M).
Long Term Liabilities: MZX's short term assets (€44.3M) exceed its long term liabilities (€5.3M).
Debt to Equity History and Analysis
Debt Level: MZX's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: MZX's debt to equity ratio has reduced from 65.9% to 34.6% over the past 5 years.
Debt Coverage: MZX's debt is well covered by operating cash flow (62%).
Interest Coverage: MZX's interest payments on its debt are well covered by EBIT (10.1x coverage).