Miquel y Costas & Miquel Balance Sheet Health
Financial Health criteria checks 6/6
Miquel y Costas & Miquel has a total shareholder equity of €375.5M and total debt of €59.9M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are €504.4M and €128.9M respectively. Miquel y Costas & Miquel's EBIT is €62.2M making its interest coverage ratio -19.8. It has cash and short-term investments of €54.9M.
Key information
15.9%
Debt to equity ratio
€59.86m
Debt
| Interest coverage ratio | -19.8x |
| Cash | €54.89m |
| Equity | €375.50m |
| Total liabilities | €128.91m |
| Total assets | €504.41m |
Recent financial health updates
Recent updates
Miquel y Costas & Miquel (BME:MCM) Will Pay A Dividend Of €0.0851
Oct 06
Miquel y Costas & Miquel (BME:MCM) Is Increasing Its Dividend To €0.1042
Jul 13Miquel y Costas & Miquel (BME:MCM) Will Pay A Larger Dividend Than Last Year At €0.0934
Apr 12Miquel y Costas & Miquel (BME:MCM) Is Increasing Its Dividend To €0.0846
Oct 13Miquel y Costas & Miquel's (BME:MCM) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 29Miquel y Costas & Miquel (BME:MCM) Is Increasing Its Dividend To €0.0871
Apr 01Miquel y Costas & Miquel's (BME:MCM) Returns On Capital Are Heading Higher
Sep 08Miquel y Costas & Miquel (BME:MCM) Will Pay A Larger Dividend Than Last Year At €0.10
Oct 03Returns Are Gaining Momentum At Miquel y Costas & Miquel (BME:MCM)
Jun 11With EPS Growth And More, Miquel y Costas & Miquel (BME:MCM) Is Interesting
May 30Estimating The Intrinsic Value Of Miquel y Costas & Miquel, S.A. (BME:MCM)
May 17At €15.46, Is Miquel y Costas & Miquel, S.A. (BME:MCM) Worth Looking At Closely?
Apr 03Does Miquel y Costas & Miquel (BME:MCM) Have A Healthy Balance Sheet?
Mar 22Do Insiders Own Lots Of Shares In Miquel y Costas & Miquel, S.A. (BME:MCM)?
Mar 09Here's Why I Think Miquel y Costas & Miquel (BME:MCM) Might Deserve Your Attention Today
Feb 25Miquel y Costas & Miquel, S.A. (BME:MCM) Shares Could Be 28% Above Their Intrinsic Value Estimate
Feb 12Is Miquel y Costas & Miquel, S.A.'s(BME:MCM) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 28
We Like These Underlying Trends At Miquel y Costas & Miquel (BME:MCM)
Jan 10Here's How We Evaluate Miquel y Costas & Miquel, S.A.'s (BME:MCM) Dividend
Dec 20Be Sure To Check Out Miquel y Costas & Miquel, S.A. (BME:MCM) Before It Goes Ex-Dividend
Dec 06Miquel y Costas & Miquel (BME:MCM) Share Prices Have Dropped 37% In The Last Three Years
Dec 02Financial Position Analysis
Short Term Liabilities: MCM's short term assets (€240.5M) exceed its short term liabilities (€78.7M).
Long Term Liabilities: MCM's short term assets (€240.5M) exceed its long term liabilities (€50.2M).
Debt to Equity History and Analysis
Debt Level: MCM's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: MCM's debt to equity ratio has reduced from 27.5% to 15.9% over the past 5 years.
Debt Coverage: MCM's debt is well covered by operating cash flow (103.4%).
Interest Coverage: MCM earns more interest than it pays, so coverage of interest payments is not a concern.