Mineralbrunnen Überkingen-Teinach GmbH KGaA Balance Sheet Health
Financial Health criteria checks 6/6
Mineralbrunnen Überkingen-Teinach GmbH KGaA has a total shareholder equity of €68.6M and total debt of €13.3M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are €138.9M and €70.3M respectively. Mineralbrunnen Überkingen-Teinach GmbH KGaA's EBIT is €6.9M making its interest coverage ratio -5.9. It has cash and short-term investments of €723.9K.
Key information
19.4%
Debt to equity ratio
€13.33m
Debt
Interest coverage ratio | -5.9x |
Cash | €723.94k |
Equity | €68.61m |
Total liabilities | €70.32m |
Total assets | €138.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUT3's short term assets (€70.7M) exceed its short term liabilities (€26.3M).
Long Term Liabilities: MUT3's short term assets (€70.7M) exceed its long term liabilities (€44.0M).
Debt to Equity History and Analysis
Debt Level: MUT3's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: MUT3's debt to equity ratio has reduced from 39.3% to 19.4% over the past 5 years.
Debt Coverage: MUT3's debt is well covered by operating cash flow (122.9%).
Interest Coverage: MUT3 earns more interest than it pays, so coverage of interest payments is not a concern.