Mersen Balance Sheet Health
Financial Health criteria checks 6/6
Mersen has a total shareholder equity of €817.7M and total debt of €276.9M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are €1.5B and €717.8M respectively. Mersen's EBIT is €135.5M making its interest coverage ratio 8.2. It has cash and short-term investments of €64.5M.
Key information
33.9%
Debt to equity ratio
€276.90m
Debt
Interest coverage ratio | 8.2x |
Cash | €64.50m |
Equity | €817.70m |
Total liabilities | €717.80m |
Total assets | €1.54b |
Recent financial health updates
These 4 Measures Indicate That Mersen (EPA:MRN) Is Using Debt Reasonably Well
Sep 15These 4 Measures Indicate That Mersen (EPA:MRN) Is Using Debt Reasonably Well
Apr 26Here's Why Mersen (EPA:MRN) Has A Meaningful Debt Burden
Apr 05Mersen (EPA:MRN) Has A Somewhat Strained Balance Sheet
Nov 28Recent updates
Additional Considerations Required While Assessing Mersen's (EPA:MRN) Strong Earnings
Mar 27What Does Mersen S.A.'s (EPA:MRN) Share Price Indicate?
Jan 04Mersen's (EPA:MRN) Returns Have Hit A Wall
Dec 15These 4 Measures Indicate That Mersen (EPA:MRN) Is Using Debt Reasonably Well
Sep 15Return Trends At Mersen (EPA:MRN) Aren't Appealing
Jun 15Mersen's (EPA:MRN) Dividend Will Be Increased To €1.25
May 31Mersen (EPA:MRN) Is Paying Out A Larger Dividend Than Last Year
May 17These 4 Measures Indicate That Mersen (EPA:MRN) Is Using Debt Reasonably Well
Apr 26Mersen's (EPA:MRN) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 08What Is Mersen S.A.'s (EPA:MRN) Share Price Doing?
Feb 07A Look At The Fair Value Of Mersen S.A. (EPA:MRN)
Jan 10Is It Time To Consider Buying Mersen S.A. (EPA:MRN)?
Oct 28Mersen (EPA:MRN) Is Looking To Continue Growing Its Returns On Capital
Jul 28Why Mersen SA (EPA:MRN) Could Be Worth Watching
Apr 09Mersen's (EPA:MRN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 25Mersen SA's (EPA:MRN) Intrinsic Value Is Potentially 90% Above Its Share Price
Mar 23Mersen (EPA:MRN) Hasn't Managed To Accelerate Its Returns
Jan 25Mersen SA's (EPA:MRN) CEO Might Not Expect Shareholders To Be So Generous This Year
May 13Should You Buy Mersen SA (EPA:MRN) For Its Dividend?
May 06Here's Why Mersen (EPA:MRN) Has A Meaningful Debt Burden
Apr 05Mersen SA (EPA:MRN) Released Earnings Last Week And Analysts Lifted Their Price Target To €31.38
Mar 14What You Need To Know About Mersen SA's (EPA:MRN) Investor Composition
Mar 10Has Mersen (EPA:MRN) Got What It Takes To Become A Multi-Bagger?
Feb 10When Should You Buy Mersen SA (EPA:MRN)?
Jan 21Are Mersen's (EPA:MRN) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 06Did Mersen's (EPA:MRN) Share Price Deserve to Gain 41%?
Dec 22What Kind Of Investors Own Most Of Mersen SA (EPA:MRN)?
Dec 10Mersen (EPA:MRN) Has A Somewhat Strained Balance Sheet
Nov 28Financial Position Analysis
Short Term Liabilities: MRN's short term assets (€581.0M) exceed its short term liabilities (€327.3M).
Long Term Liabilities: MRN's short term assets (€581.0M) exceed its long term liabilities (€390.5M).
Debt to Equity History and Analysis
Debt Level: MRN's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: MRN's debt to equity ratio has reduced from 50% to 33.9% over the past 5 years.
Debt Coverage: MRN's debt is well covered by operating cash flow (64.8%).
Interest Coverage: MRN's interest payments on its debt are well covered by EBIT (8.2x coverage).