M.P. Evans Group Balance Sheet Health
Financial Health criteria checks 6/6
M.P. Evans Group has a total shareholder equity of $495.6M and total debt of $43.2M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are $601.8M and $106.2M respectively. M.P. Evans Group's EBIT is $94.6M making its interest coverage ratio 35.1. It has cash and short-term investments of $35.9M.
Key information
8.7%
Debt to equity ratio
US$43.20m
Debt
| Interest coverage ratio | 35.1x |
| Cash | US$35.92m |
| Equity | US$495.58m |
| Total liabilities | US$106.17m |
| Total assets | US$601.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYP's short term assets ($89.4M) exceed its short term liabilities ($52.4M).
Long Term Liabilities: NYP's short term assets ($89.4M) exceed its long term liabilities ($53.7M).
Debt to Equity History and Analysis
Debt Level: NYP's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: NYP's debt to equity ratio has reduced from 17.1% to 8.7% over the past 5 years.
Debt Coverage: NYP's debt is well covered by operating cash flow (258.4%).
Interest Coverage: NYP's interest payments on its debt are well covered by EBIT (35.1x coverage).