Mercal Inmuebles Socimi Balance Sheet Health
Financial Health criteria checks 4/6
Mercal Inmuebles Socimi has a total shareholder equity of €25.6M and total debt of €11.1M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are €38.2M and €12.7M respectively. Mercal Inmuebles Socimi's EBIT is €2.0M making its interest coverage ratio 7.1. It has cash and short-term investments of €912.4K.
Key information
43.3%
Debt to equity ratio
€11.08m
Debt
Interest coverage ratio | 7.1x |
Cash | €912.41k |
Equity | €25.58m |
Total liabilities | €12.66m |
Total assets | €38.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YMEI's short term assets (€1.4M) do not cover its short term liabilities (€2.2M).
Long Term Liabilities: YMEI's short term assets (€1.4M) do not cover its long term liabilities (€10.5M).
Debt to Equity History and Analysis
Debt Level: YMEI's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: YMEI's debt to equity ratio has reduced from 91.4% to 43.3% over the past 5 years.
Debt Coverage: YMEI's debt is well covered by operating cash flow (22.1%).
Interest Coverage: YMEI's interest payments on its debt are well covered by EBIT (7.1x coverage).