Matas Balance Sheet Health
Financial Health criteria checks 4/6
Matas has a total shareholder equity of DKK3.5B and total debt of DKK1.8B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are DKK8.9B and DKK5.4B respectively. Matas's EBIT is DKK488.2M making its interest coverage ratio 5.4. It has cash and short-term investments of DKK421.3M.
Key information
49.8%
Debt to equity ratio
kr.1.76b
Debt
Interest coverage ratio | 5.4x |
Cash | kr.421.30m |
Equity | kr.3.53b |
Total liabilities | kr.5.35b |
Total assets | kr.8.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1MTA's short term assets (DKK2.5B) do not cover its short term liabilities (DKK2.5B).
Long Term Liabilities: 1MTA's short term assets (DKK2.5B) do not cover its long term liabilities (DKK2.8B).
Debt to Equity History and Analysis
Debt Level: 1MTA's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 1MTA's debt to equity ratio has reduced from 59.8% to 49.8% over the past 5 years.
Debt Coverage: 1MTA's debt is well covered by operating cash flow (47.6%).
Interest Coverage: 1MTA's interest payments on its debt are well covered by EBIT (5.4x coverage).