MBH Balance Sheet Health
Financial Health criteria checks 1/6
MBH has a total shareholder equity of £72.3M and total debt of £34.2M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are £159.0M and £86.7M respectively. MBH's EBIT is £2.0M making its interest coverage ratio 1. It has cash and short-term investments of £4.5M.
Key information
47.3%
Debt to equity ratio
UK£34.16m
Debt
| Interest coverage ratio | 1x |
| Cash | UK£4.52m |
| Equity | UK£72.28m |
| Total liabilities | UK£86.70m |
| Total assets | UK£158.98m |
Financial Position Analysis
Short Term Liabilities: M8H0's short term assets (£41.6M) exceed its short term liabilities (£38.9M).
Long Term Liabilities: M8H0's short term assets (£41.6M) do not cover its long term liabilities (£47.8M).
Debt to Equity History and Analysis
Debt Level: M8H0's net debt to equity ratio (41%) is considered high.
Reducing Debt: M8H0's debt to equity ratio has increased from 6% to 47.3% over the past 5 years.
Debt Coverage: M8H0's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: M8H0's interest payments on its debt are not well covered by EBIT (1x coverage).