Minerales y Productos Derivados Balance Sheet Health
Financial Health criteria checks 6/6
Minerales y Productos Derivados has a total shareholder equity of €491.4M and total debt of €182.2M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are €794.8M and €303.4M respectively. Minerales y Productos Derivados's EBIT is €83.3M making its interest coverage ratio 36.7. It has cash and short-term investments of €230.6M.
Key information
37.1%
Debt to equity ratio
€182.19m
Debt
Interest coverage ratio | 36.7x |
Cash | €230.64m |
Equity | €491.45m |
Total liabilities | €303.37m |
Total assets | €794.82m |
Financial Position Analysis
Short Term Liabilities: MYD's short term assets (€431.6M) exceed its short term liabilities (€102.9M).
Long Term Liabilities: MYD's short term assets (€431.6M) exceed its long term liabilities (€200.4M).
Debt to Equity History and Analysis
Debt Level: MYD has more cash than its total debt.
Reducing Debt: MYD's debt to equity ratio has reduced from 57.5% to 37.1% over the past 5 years.
Debt Coverage: MYD's debt is well covered by operating cash flow (29.8%).
Interest Coverage: MYD's interest payments on its debt are well covered by EBIT (36.7x coverage).