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
Is Matas (CPH:MATAS) A Risky Investment?
Feb 12
Here's Why Matas (CPH:MATAS) Can Manage Its Debt Responsibly
Jun 04These 4 Measures Indicate That Matas (CPH:MATAS) Is Using Debt Reasonably Well
Mar 01These 4 Measures Indicate That Matas (CPH:MATAS) Is Using Debt Extensively
Nov 23
Recent updates
Matas' (CPH:MATAS) Soft Earnings Don't Show The Whole Picture
Feb 15Is Matas (CPH:MATAS) A Risky Investment?
Feb 12Is It Time To Consider Buying Matas A/S (CPH:MATAS)?
Jan 10Returns On Capital At Matas (CPH:MATAS) Have Hit The Brakes
Aug 19Here's Why Matas (CPH:MATAS) Can Manage Its Debt Responsibly
Jun 04At kr.96.50, Is Matas A/S (CPH:MATAS) Worth Looking At Closely?
May 05Matas (CPH:MATAS) Could Be At Risk Of Shrinking As A Company
Apr 09Matas A/S' (CPH:MATAS) Intrinsic Value Is Potentially 30% Above Its Share Price
Mar 23We Think Matas' (CPH:MATAS) Profit Is Only A Baseline For What They Can Achieve
Mar 04These 4 Measures Indicate That Matas (CPH:MATAS) Is Using Debt Reasonably Well
Mar 01Does Matas A/S' (CPH:MATAS) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Feb 16Matas (CPH:MATAS) Has Returned Negative 15% To Its Shareholders In The Past Five Years
Feb 02A Quick Analysis On Matas' (CPH:MATAS) CEO Salary
Jan 19Should You Think About Buying Matas A/S (CPH:MATAS) Now?
Jan 04Matas A/S' (CPH:MATAS) Intrinsic Value Is Potentially 65% Above Its Share Price
Dec 22The Returns On Capital At Matas (CPH:MATAS) Don't Inspire Confidence
Dec 09These 4 Measures Indicate That Matas (CPH:MATAS) Is Using Debt Extensively
Nov 23Matas A/S' (CPH:MATAS) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Jul 28If You Had Bought Matas' (CPH:MATAS) Shares Five Years Ago You Would Be Down 57%
Jul 09Financial Position Analysis
Short Term Liabilities: MATAS's short term assets (DKK2.5B) do not cover its short term liabilities (DKK2.5B).
Long Term Liabilities: MATAS's short term assets (DKK2.5B) do not cover its long term liabilities (DKK2.8B).
Debt to Equity History and Analysis
Debt Level: MATAS's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: MATAS's debt to equity ratio has reduced from 59.8% to 49.8% over the past 5 years.
Debt Coverage: MATAS's debt is well covered by operating cash flow (47.6%).
Interest Coverage: MATAS's interest payments on its debt are well covered by EBIT (5.4x coverage).