Mondi Balance Sheet Health
Financial Health criteria checks 6/6
Mondi has a total shareholder equity of €5.4B and total debt of €1.9B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are €9.4B and €4.0B respectively. Mondi's EBIT is €493.0M making its interest coverage ratio 9.7. It has cash and short-term investments of €426.0M.
Key information
35.0%
Debt to equity ratio
€1.89b
Debt
| Interest coverage ratio | 9.7x |
| Cash | €426.00m |
| Equity | €5.40b |
| Total liabilities | €4.04b |
| Total assets | €9.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYC1's short term assets (€3.1B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: KYC1's short term assets (€3.1B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: KYC1's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: KYC1's debt to equity ratio has reduced from 54.4% to 35% over the past 5 years.
Debt Coverage: KYC1's debt is well covered by operating cash flow (55%).
Interest Coverage: KYC1's interest payments on its debt are well covered by EBIT (9.7x coverage).