Montea Comm. VA Balance Sheet Health

Financial Health criteria checks 2/6

Montea Comm. VA has a total shareholder equity of €1.6B and total debt of €923.9M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are €2.6B and €1.0B respectively. Montea Comm. VA's EBIT is €105.0M making its interest coverage ratio 5.6. It has cash and short-term investments of €12.9M.

Key information

57.4%

Debt to equity ratio

€923.92m

Debt

Interest coverage ratio5.6x
Cash€12.94m
Equity€1.61b
Total liabilities€1.03b
Total assets€2.64b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: M8E's short term assets (€57.4M) do not cover its short term liabilities (€104.7M).

Long Term Liabilities: M8E's short term assets (€57.4M) do not cover its long term liabilities (€923.9M).


Debt to Equity History and Analysis

Debt Level: M8E's net debt to equity ratio (56.6%) is considered high.

Reducing Debt: M8E's debt to equity ratio has reduced from 67.9% to 57.4% over the past 5 years.

Debt Coverage: M8E's debt is not well covered by operating cash flow (11.7%).

Interest Coverage: M8E's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


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