Montebalito Balance Sheet Health
Financial Health criteria checks 6/6
Montebalito has a total shareholder equity of €75.6M and total debt of €12.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are €93.9M and €18.3M respectively. Montebalito's EBIT is €2.5M making its interest coverage ratio 14.7. It has cash and short-term investments of €3.7M.
Key information
15.9%
Debt to equity ratio
€11.98m
Debt
Interest coverage ratio | 14.7x |
Cash | €3.70m |
Equity | €75.57m |
Total liabilities | €18.35m |
Total assets | €93.92m |
Financial Position Analysis
Short Term Liabilities: MTB's short term assets (€62.6M) exceed its short term liabilities (€4.2M).
Long Term Liabilities: MTB's short term assets (€62.6M) exceed its long term liabilities (€14.1M).
Debt to Equity History and Analysis
Debt Level: MTB's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: MTB's debt to equity ratio has reduced from 16% to 15.9% over the past 5 years.
Debt Coverage: MTB's debt is well covered by operating cash flow (74.4%).
Interest Coverage: MTB's interest payments on its debt are well covered by EBIT (14.7x coverage).