Mayr-Melnhof Karton Balance Sheet Health
Financial Health criteria checks 2/6
Mayr-Melnhof Karton has a total shareholder equity of €2.1B and total debt of €1.9B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are €4.9B and €2.9B respectively. Mayr-Melnhof Karton's EBIT is €132.9M making its interest coverage ratio 2.7. It has cash and short-term investments of €519.7M.
Key information
92.3%
Debt to equity ratio
€1.90b
Debt
| Interest coverage ratio | 2.7x |
| Cash | €519.71m |
| Equity | €2.06b |
| Total liabilities | €2.89b |
| Total assets | €4.95b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYM's short term assets (€1.7B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: MYM's short term assets (€1.7B) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: MYM's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: MYM's debt to equity ratio has increased from 29.5% to 92.3% over the past 5 years.
Debt Coverage: MYM's debt is well covered by operating cash flow (33%).
Interest Coverage: MYM's interest payments on its debt are not well covered by EBIT (2.7x coverage).