MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Balance Sheet Health
Financial Health criteria checks 6/6
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a total shareholder equity of HUF4,197.3B and total debt of HUF885.5B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are HUF7,703.1B and HUF3,505.8B respectively. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság's EBIT is HUF703.1B making its interest coverage ratio -26. It has cash and short-term investments of HUF447.6B.
Key information
21.1%
Debt to equity ratio
Ft885.53b
Debt
| Interest coverage ratio | -26x |
| Cash | Ft447.62b |
| Equity | Ft4.20t |
| Total liabilities | Ft3.51t |
| Total assets | Ft7.70t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOGG's short term assets (HUF2,440.4B) exceed its short term liabilities (HUF1,842.9B).
Long Term Liabilities: MOGG's short term assets (HUF2,440.4B) exceed its long term liabilities (HUF1,662.9B).
Debt to Equity History and Analysis
Debt Level: MOGG's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: MOGG's debt to equity ratio has reduced from 27.3% to 21.1% over the past 5 years.
Debt Coverage: MOGG's debt is well covered by operating cash flow (85.1%).
Interest Coverage: MOGG earns more interest than it pays, so coverage of interest payments is not a concern.