Mondi Balance Sheet Health
Financial Health criteria checks 6/6
Mondi has a total shareholder equity of €6.1B and total debt of €1.9B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are €10.0B and €3.9B respectively. Mondi's EBIT is €625.0M making its interest coverage ratio 9.5. It has cash and short-term investments of €1.6B.
Key information
31.1%
Debt to equity ratio
€1.90b
Debt
Interest coverage ratio | 9.5x |
Cash | €1.59b |
Equity | €6.10b |
Total liabilities | €3.87b |
Total assets | €9.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYC1's short term assets (€3.9B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: KYC1's short term assets (€3.9B) exceed its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: KYC1's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: KYC1's debt to equity ratio has reduced from 54.5% to 31.1% over the past 5 years.
Debt Coverage: KYC1's debt is well covered by operating cash flow (71.6%).
Interest Coverage: KYC1's interest payments on its debt are well covered by EBIT (9.5x coverage).