AS Merko Ehitus Balance Sheet Health
Financial Health criteria checks 6/6
AS Merko Ehitus has a total shareholder equity of €234.4M and total debt of €34.6M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are €457.8M and €223.4M respectively. AS Merko Ehitus's EBIT is €58.4M making its interest coverage ratio -202.7. It has cash and short-term investments of €66.1M.
Key information
14.8%
Debt to equity ratio
€34.59m
Debt
| Interest coverage ratio | -202.7x |
| Cash | €66.12m |
| Equity | €234.43m |
| Total liabilities | €223.40m |
| Total assets | €457.83m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKS's short term assets (€375.1M) exceed its short term liabilities (€187.4M).
Long Term Liabilities: MKS's short term assets (€375.1M) exceed its long term liabilities (€36.0M).
Debt to Equity History and Analysis
Debt Level: MKS has more cash than its total debt.
Reducing Debt: MKS's debt to equity ratio has reduced from 64.7% to 14.8% over the past 5 years.
Debt Coverage: MKS's debt is well covered by operating cash flow (214.8%).
Interest Coverage: MKS earns more interest than it pays, so coverage of interest payments is not a concern.