MAX Automation Balance Sheet Health
Financial Health criteria checks 1/6
MAX Automation has a total shareholder equity of €119.5M and total debt of €131.1M, which brings its debt-to-equity ratio to 109.7%. Its total assets and total liabilities are €394.2M and €274.7M respectively. MAX Automation's EBIT is €14.7M making its interest coverage ratio 1.2. It has cash and short-term investments of €20.1M.
Key information
109.7%
Debt to equity ratio
€131.10m
Debt
Interest coverage ratio | 1.2x |
Cash | €20.12m |
Equity | €119.49m |
Total liabilities | €274.69m |
Total assets | €394.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MXHN's short term assets (€241.0M) do not cover its short term liabilities (€246.8M).
Long Term Liabilities: MXHN's short term assets (€241.0M) exceed its long term liabilities (€27.9M).
Debt to Equity History and Analysis
Debt Level: MXHN's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: MXHN's debt to equity ratio has increased from 93.8% to 109.7% over the past 5 years.
Debt Coverage: MXHN's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: MXHN's interest payments on its debt are not well covered by EBIT (1.2x coverage).