msg life ag Balance Sheet Health
Financial Health criteria checks 6/6
msg life ag has a total shareholder equity of €68.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €111.3M and €43.0M respectively. msg life ag's EBIT is €11.5M making its interest coverage ratio 203.3. It has cash and short-term investments of €33.6M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 203.3x |
| Cash | €33.60m |
| Equity | €68.34m |
| Total liabilities | €42.96m |
| Total assets | €111.29m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MSGL's short term assets (€97.3M) exceed its short term liabilities (€29.0M).
Long Term Liabilities: MSGL's short term assets (€97.3M) exceed its long term liabilities (€14.0M).
Debt to Equity History and Analysis
Debt Level: MSGL is debt free.
Reducing Debt: MSGL has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: MSGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MSGL has no debt, therefore coverage of interest payments is not a concern.