Miquel y Costas & Miquel Balance Sheet Health
Financial Health criteria checks 6/6
Miquel y Costas & Miquel has a total shareholder equity of €375.5M and total debt of €59.9M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are €504.4M and €128.9M respectively. Miquel y Costas & Miquel's EBIT is €62.2M making its interest coverage ratio -19.8. It has cash and short-term investments of €54.9M.
Key information
15.9%
Debt to equity ratio
€59.86m
Debt
| Interest coverage ratio | -19.8x |
| Cash | €54.89m |
| Equity | €375.50m |
| Total liabilities | €128.91m |
| Total assets | €504.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MQ4's short term assets (€240.5M) exceed its short term liabilities (€78.7M).
Long Term Liabilities: MQ4's short term assets (€240.5M) exceed its long term liabilities (€50.2M).
Debt to Equity History and Analysis
Debt Level: MQ4's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: MQ4's debt to equity ratio has reduced from 27.5% to 15.9% over the past 5 years.
Debt Coverage: MQ4's debt is well covered by operating cash flow (103.4%).
Interest Coverage: MQ4 earns more interest than it pays, so coverage of interest payments is not a concern.