Maire Balance Sheet Health
Financial Health criteria checks 6/6
Maire has a total shareholder equity of €559.2M and total debt of €843.3M, which brings its debt-to-equity ratio to 150.8%. Its total assets and total liabilities are €6.6B and €6.0B respectively. Maire's EBIT is €200.5M making its interest coverage ratio 11.2. It has cash and short-term investments of €1.0B.
Key information
150.8%
Debt to equity ratio
€843.29m
Debt
| Interest coverage ratio | 11.2x |
| Cash | €1.01b |
| Equity | €559.16m |
| Total liabilities | €6.01b |
| Total assets | €6.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3OY1's short term assets (€5.7B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: 3OY1's short term assets (€5.7B) exceed its long term liabilities (€842.3M).
Debt to Equity History and Analysis
Debt Level: 3OY1 has more cash than its total debt.
Reducing Debt: 3OY1's debt to equity ratio has reduced from 183% to 150.8% over the past 5 years.
Debt Coverage: 3OY1's debt is well covered by operating cash flow (52.2%).
Interest Coverage: 3OY1's interest payments on its debt are well covered by EBIT (11.2x coverage).