M1 Kliniken Balance Sheet Health
Financial Health criteria checks 5/6
M1 Kliniken has a total shareholder equity of €146.4M and total debt of €3.5M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are €203.2M and €56.9M respectively. M1 Kliniken's EBIT is €11.8M making its interest coverage ratio 38.7. It has cash and short-term investments of €23.3M.
Key information
2.4%
Debt to equity ratio
€3.48m
Debt
Interest coverage ratio | 38.7x |
Cash | €23.30m |
Equity | €146.35m |
Total liabilities | €56.88m |
Total assets | €203.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M12's short term assets (€115.3M) exceed its short term liabilities (€42.2M).
Long Term Liabilities: M12's short term assets (€115.3M) exceed its long term liabilities (€14.7M).
Debt to Equity History and Analysis
Debt Level: M12 has more cash than its total debt.
Reducing Debt: M12's debt to equity ratio has increased from 0.4% to 2.4% over the past 5 years.
Debt Coverage: M12's debt is well covered by operating cash flow (372.3%).
Interest Coverage: M12's interest payments on its debt are well covered by EBIT (38.7x coverage).