Mayr-Melnhof Karton Balance Sheet Health
Financial Health criteria checks 3/6
Mayr-Melnhof Karton has a total shareholder equity of €2.0B and total debt of €2.0B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are €5.0B and €3.0B respectively. Mayr-Melnhof Karton's EBIT is €144.5M making its interest coverage ratio 3.2. It has cash and short-term investments of €635.2M.
Key information
96.8%
Debt to equity ratio
€1.97b
Debt
Interest coverage ratio | 3.2x |
Cash | €635.24m |
Equity | €2.04b |
Total liabilities | €2.98b |
Total assets | €5.01b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYM's short term assets (€1.8B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: MYM's short term assets (€1.8B) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: MYM's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: MYM's debt to equity ratio has increased from 31.1% to 96.8% over the past 5 years.
Debt Coverage: MYM's debt is well covered by operating cash flow (39.2%).
Interest Coverage: MYM's interest payments on its debt are well covered by EBIT (3.2x coverage).