MFE-Mediaforeurope Balance Sheet Health
Financial Health criteria checks 4/6
MFE-Mediaforeurope has a total shareholder equity of €2.9B and total debt of €676.9M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are €3.6B and €1.9B respectively. MFE-Mediaforeurope's EBIT is €311.0M making its interest coverage ratio 13. It has cash and short-term investments of €175.3M.
Key information
23.4%
Debt to equity ratio
€676.90m
Debt
Interest coverage ratio | 13x |
Cash | €175.30m |
Equity | €2.89b |
Total liabilities | €1.90b |
Total assets | €3.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T0J1's short term assets (€211.0M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: T0J1's short term assets (€211.0M) do not cover its long term liabilities (€727.6M).
Debt to Equity History and Analysis
Debt Level: T0J1's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: T0J1's debt to equity ratio has reduced from 27.5% to 23.4% over the past 5 years.
Debt Coverage: T0J1's debt is well covered by operating cash flow (126.8%).
Interest Coverage: T0J1's interest payments on its debt are well covered by EBIT (13x coverage).