Verve Group Balance Sheet Health
Financial Health criteria checks 1/6
Verve Group has a total shareholder equity of €401.7M and total debt of €453.5M, which brings its debt-to-equity ratio to 112.9%. Its total assets and total liabilities are €1.1B and €657.7M respectively. Verve Group's EBIT is €38.6M making its interest coverage ratio 0.7. It has cash and short-term investments of €144.8M.
Key information
112.9%
Debt to equity ratio
€453.54m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €144.78m |
| Equity | €401.71m |
| Total liabilities | €657.67m |
| Total assets | €1.06b |
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 20Recent updates
Why Investors Shouldn't Be Surprised By Verve Group SE's (ETR:M8G) 26% Share Price Surge
Nov 14Revenues Tell The Story For Verve Group SE (ETR:M8G) As Its Stock Soars 25%
Sep 01Further Upside For Verve Group SE (ETR:M8G) Shares Could Introduce Price Risks After 37% Bounce
Jul 04At €1.66, Is It Time To Put Verve Group SE (ETR:M8G) On Your Watch List?
Jun 21MGI - 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 20Financial Position Analysis
Short Term Liabilities: M8G's short term assets (€219.0M) do not cover its short term liabilities (€236.3M).
Long Term Liabilities: M8G's short term assets (€219.0M) do not cover its long term liabilities (€421.4M).
Debt to Equity History and Analysis
Debt Level: M8G's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: M8G's debt to equity ratio has increased from 30.2% to 112.9% over the past 5 years.
Debt Coverage: M8G's debt is well covered by operating cash flow (20.4%).
Interest Coverage: M8G's interest payments on its debt are not well covered by EBIT (0.7x coverage).