Mercal Inmuebles Socimi Balance Sheet Health
Financial Health criteria checks 5/6
Mercal Inmuebles Socimi has a total shareholder equity of €25.6M and total debt of €10.1M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are €37.5M and €11.9M respectively. Mercal Inmuebles Socimi's EBIT is €2.0M making its interest coverage ratio 8.2. It has cash and short-term investments of €1.3M.
Key information
39.4%
Debt to equity ratio
€10.09m
Debt
| Interest coverage ratio | 8.2x |
| Cash | €1.25m |
| Equity | €25.63m |
| Total liabilities | €11.87m |
| Total assets | €37.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YMEI's short term assets (€3.4M) exceed its short term liabilities (€2.1M).
Long Term Liabilities: YMEI's short term assets (€3.4M) do not cover its long term liabilities (€9.7M).
Debt to Equity History and Analysis
Debt Level: YMEI's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: YMEI's debt to equity ratio has reduced from 70.6% to 39.4% over the past 5 years.
Debt Coverage: YMEI's debt is well covered by operating cash flow (27%).
Interest Coverage: YMEI's interest payments on its debt are well covered by EBIT (8.2x coverage).