Melexis Balance Sheet Health
Financial Health criteria checks 4/6
Melexis has a total shareholder equity of €602.0M and total debt of €173.5M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are €893.6M and €291.6M respectively. Melexis's EBIT is €263.9M making its interest coverage ratio 35.5. It has cash and short-term investments of €35.7M.
Key information
28.8%
Debt to equity ratio
€173.48m
Debt
Interest coverage ratio | 35.5x |
Cash | €35.66m |
Equity | €602.00m |
Total liabilities | €291.57m |
Total assets | €893.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEX's short term assets (€457.4M) exceed its short term liabilities (€109.6M).
Long Term Liabilities: MEX's short term assets (€457.4M) exceed its long term liabilities (€182.0M).
Debt to Equity History and Analysis
Debt Level: MEX's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: MEX's debt to equity ratio has increased from 10.3% to 28.8% over the past 5 years.
Debt Coverage: MEX's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: MEX's interest payments on its debt are well covered by EBIT (35.5x coverage).