MGI - Media and Games Invest Balance Sheet Health
Financial Health criteria checks 0/6
MGI - Media and Games Invest has a total shareholder equity of €352.5M and total debt of €414.5M, which brings its debt-to-equity ratio to 117.6%. Its total assets and total liabilities are €1.0B and €654.6M respectively. MGI - Media and Games Invest's EBIT is €29.6M making its interest coverage ratio 0.6. It has cash and short-term investments of €154.7M.
Key information
117.6%
Debt to equity ratio
€414.55m
Debt
| Interest coverage ratio | 0.6x |
| Cash | €154.71m |
| Equity | €352.46m |
| Total liabilities | €654.57m |
| Total assets | €1.01b |
Recent financial health updates
Is MGI - Media and Games Invest (ETR:M8G) A Risky Investment?
Oct 10
Here's Why MGI - Media and Games Invest (ETR:M8G) Has A Meaningful Debt Burden
Jun 06Here's Why Media and Games Invest (ETR:M8G) Has A Meaningful Debt Burden
Sep 20Does Media and Games Invest (ETR:M8G) Have A Healthy Balance Sheet?
Jun 15Recent updates
MGI - Media and Games Invest's (ETR:M8G) Solid Earnings May Rest On Weak Foundations
Apr 25MGI - Media and Games Invest SE (ETR:M8G) Stocks Shoot Up 54% But Its P/S Still Looks Reasonable
Mar 21Is MGI - Media and Games Invest (ETR:M8G) A Risky Investment?
Oct 10Newsflash: MGI - Media and Games Invest SE (ETR:M8G) Analysts Have Been Trimming Their Revenue Forecasts
Sep 03Here's Why MGI - Media and Games Invest (ETR:M8G) Has A Meaningful Debt Burden
Jun 06Do Media and Games Invest's (ETR:M8G) Earnings Warrant Your Attention?
Oct 27Here's Why Media and Games Invest (ETR:M8G) Has A Meaningful Debt Burden
Sep 20If EPS Growth Is Important To You, Media and Games Invest (ETR:M8G) Presents An Opportunity
Jul 01Does Media and Games Invest (ETR:M8G) Have A Healthy Balance Sheet?
Jun 15Earnings Tell The Story For Media and Games Invest SE (ETR:M8G)
Mar 06Here's Why We Think Media and Games Invest (ETR:M8G) Is Well Worth Watching
Jan 08Here's Why I Think Media and Games Invest (ETR:M8G) Might Deserve Your Attention Today
Sep 11Financial Position Analysis
Short Term Liabilities: M8G's short term assets (€193.5M) do not cover its short term liabilities (€240.8M).
Long Term Liabilities: M8G's short term assets (€193.5M) do not cover its long term liabilities (€413.8M).
Debt to Equity History and Analysis
Debt Level: M8G's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: M8G's debt to equity ratio has increased from 15.7% to 117.6% over the past 5 years.
Debt Coverage: M8G's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: M8G's interest payments on its debt are not well covered by EBIT (0.6x coverage).