Media Investment Optimization Balance Sheet Health
Financial Health criteria checks 2/6
Media Investment Optimization has a total shareholder equity of €918.8K and total debt of €14.3M, which brings its debt-to-equity ratio to 1551.4%. Its total assets and total liabilities are €35.2M and €34.2M respectively.
Key information
1,551.4%
Debt to equity ratio
€14.25m
Debt
| Interest coverage ratio | n/a |
| Cash | €8.06m |
| Equity | €918.79k |
| Total liabilities | €34.25m |
| Total assets | €35.16m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MIO's short term assets (€22.1M) do not cover its short term liabilities (€28.8M).
Long Term Liabilities: MIO's short term assets (€22.1M) exceed its long term liabilities (€5.4M).
Debt to Equity History and Analysis
Debt Level: MIO's net debt to equity ratio (674.3%) is considered high.
Reducing Debt: MIO's debt to equity ratio has reduced from 2262.3% to 1551.4% over the past 5 years.
Debt Coverage: MIO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MIO's interest payments on its debt are well covered by EBIT.