1000mercis Balance Sheet Health
Financial Health criteria checks 2/6
1000mercis has a total shareholder equity of €16.5M and total debt of €42.0M, which brings its debt-to-equity ratio to 253.6%. Its total assets and total liabilities are €88.5M and €72.0M respectively. 1000mercis's EBIT is €4.9M making its interest coverage ratio 2.2. It has cash and short-term investments of €19.6M.
Key information
253.6%
Debt to equity ratio
€41.96m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €19.62m |
| Equity | €16.55m |
| Total liabilities | €71.95m |
| Total assets | €88.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2PL's short term assets (€55.5M) exceed its short term liabilities (€30.5M).
Long Term Liabilities: 2PL's short term assets (€55.5M) exceed its long term liabilities (€41.5M).
Debt to Equity History and Analysis
Debt Level: 2PL's net debt to equity ratio (135%) is considered high.
Reducing Debt: 2PL's debt to equity ratio has increased from 38.9% to 253.6% over the past 5 years.
Debt Coverage: 2PL's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: 2PL's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:12 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
1000mercis is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arnaud Riverain | Arkeon Finance |
| Stephanie Lefebvre | Gilbert Dupont |
| Camille Damois-Gignoux | ODDO BHF Corporate & Markets |