Masterflex Balance Sheet Health
Financial Health criteria checks 6/6
Masterflex has a total shareholder equity of €57.6M and total debt of €20.0M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are €93.7M and €36.1M respectively. Masterflex's EBIT is €12.2M making its interest coverage ratio 10.1. It has cash and short-term investments of €11.0M.
Key information
34.6%
Debt to equity ratio
€19.95m
Debt
Interest coverage ratio | 10.1x |
Cash | €11.03m |
Equity | €57.60m |
Total liabilities | €36.09m |
Total assets | €93.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZX's short term assets (€44.3M) exceed its short term liabilities (€30.8M).
Long Term Liabilities: MZX's short term assets (€44.3M) exceed its long term liabilities (€5.3M).
Debt to Equity History and Analysis
Debt Level: MZX's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: MZX's debt to equity ratio has reduced from 65.9% to 34.6% over the past 5 years.
Debt Coverage: MZX's debt is well covered by operating cash flow (62%).
Interest Coverage: MZX's interest payments on its debt are well covered by EBIT (10.1x coverage).