MFE-Mediaforeurope Balance Sheet Health
Financial Health criteria checks 5/6
MFE-Mediaforeurope has a total shareholder equity of €2.8B and total debt of €797.1M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are €4.9B and €2.1B respectively. MFE-Mediaforeurope's EBIT is €322.1M making its interest coverage ratio 13.9. It has cash and short-term investments of €230.2M.
Key information
28.1%
Debt to equity ratio
€797.10m
Debt
| Interest coverage ratio | 13.9x |
| Cash | €230.20m |
| Equity | €2.84b |
| Total liabilities | €2.10b |
| Total assets | €4.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFEA's short term assets (€1.3B) do not cover its short term liabilities (€1.5B).
Long Term Liabilities: MFEA's short term assets (€1.3B) exceed its long term liabilities (€606.3M).
Debt to Equity History and Analysis
Debt Level: MFEA's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: MFEA's debt to equity ratio has reduced from 52.2% to 28.1% over the past 5 years.
Debt Coverage: MFEA's debt is well covered by operating cash flow (98.1%).
Interest Coverage: MFEA's interest payments on its debt are well covered by EBIT (13.9x coverage).