Miquel y Costas & Miquel Balance Sheet Health
Financial Health criteria checks 6/6
Miquel y Costas & Miquel has a total shareholder equity of €354.8M and total debt of €52.9M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are €464.7M and €109.9M respectively. Miquel y Costas & Miquel's EBIT is €59.7M making its interest coverage ratio -19. It has cash and short-term investments of €63.0M.
Key information
14.9%
Debt to equity ratio
€52.92m
Debt
| Interest coverage ratio | -19x |
| Cash | €63.02m |
| Equity | €354.78m |
| Total liabilities | €109.92m |
| Total assets | €464.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MQ4's short term assets (€222.8M) exceed its short term liabilities (€72.1M).
Long Term Liabilities: MQ4's short term assets (€222.8M) exceed its long term liabilities (€37.8M).
Debt to Equity History and Analysis
Debt Level: MQ4 has more cash than its total debt.
Reducing Debt: MQ4's debt to equity ratio has reduced from 27.7% to 14.9% over the past 5 years.
Debt Coverage: MQ4's debt is well covered by operating cash flow (132.8%).
Interest Coverage: MQ4 earns more interest than it pays, so coverage of interest payments is not a concern.