Placoplatre Balance Sheet Health
Financial Health criteria checks 4/6
Placoplatre has a total shareholder equity of €280.5M and total debt of €42.8M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are €557.3M and €276.8M respectively. Placoplatre's EBIT is €31.4M making its interest coverage ratio -46.1. It has cash and short-term investments of €1.4M.
Key information
15.3%
Debt to equity ratio
€42.83m
Debt
| Interest coverage ratio | -46.1x |
| Cash | €1.37m |
| Equity | €280.51m |
| Total liabilities | €276.80m |
| Total assets | €557.31m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MLPLC's short term assets (€289.5M) exceed its short term liabilities (€226.6M).
Long Term Liabilities: MLPLC's short term assets (€289.5M) exceed its long term liabilities (€50.2M).
Debt to Equity History and Analysis
Debt Level: MLPLC's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MLPLC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if MLPLC's debt is well covered by operating cash flow.
Interest Coverage: MLPLC earns more interest than it pays, so coverage of interest payments is not a concern.