Manitou BF Balance Sheet Health
Financial Health criteria checks 3/6
Manitou BF has a total shareholder equity of €895.2M and total debt of €450.1M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are €2.2B and €1.3B respectively. Manitou BF's EBIT is €211.4M making its interest coverage ratio 13.8. It has cash and short-term investments of €58.4M.
Key information
50.3%
Debt to equity ratio
€450.13m
Debt
Interest coverage ratio | 13.8x |
Cash | €58.38m |
Equity | €895.18m |
Total liabilities | €1.27b |
Total assets | €2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3MU's short term assets (€1.7B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: 3MU's short term assets (€1.7B) exceed its long term liabilities (€227.0M).
Debt to Equity History and Analysis
Debt Level: 3MU's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: 3MU's debt to equity ratio has increased from 30.1% to 50.3% over the past 5 years.
Debt Coverage: 3MU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3MU's interest payments on its debt are well covered by EBIT (13.8x coverage).