MG International Balance Sheet Health
Financial Health criteria checks 6/6
MG International has a total shareholder equity of €33.1M and total debt of €4.3M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are €42.7M and €9.6M respectively. MG International's EBIT is €4.5M making its interest coverage ratio 23.5. It has cash and short-term investments of €5.0M.
Key information
13.0%
Debt to equity ratio
€4.31m
Debt
| Interest coverage ratio | 23.5x |
| Cash | €4.96m |
| Equity | €33.09m |
| Total liabilities | €9.58m |
| Total assets | €42.67m |
Recent financial health updates
Here's Why MG International (EPA:ALMGI) Can Manage Its Debt Responsibly
Apr 22
We Think MG International (EPA:ALMGI) Can Manage Its Debt With Ease
May 27These 4 Measures Indicate That MG International (EPA:ALMGI) Is Using Debt Reasonably Well
Dec 13Recent updates
Investors Met With Slowing Returns on Capital At MG International (EPA:ALMGI)
May 10Calculating The Intrinsic Value Of MG International S.A. (EPA:ALMGI)
Feb 29Returns on Capital Paint A Bright Future For MG International (EPA:ALMGI)
Jan 03Investors Shouldn't Overlook MG International's (EPA:ALMGI) Impressive Returns On Capital
Sep 16MG International (EPA:ALMGI) Is Very Good At Capital Allocation
May 26Here's Why MG International (EPA:ALMGI) Can Manage Its Debt Responsibly
Apr 22MG International (EPA:ALMGI) Knows How To Allocate Capital Effectively
Dec 15MG International (EPA:ALMGI) Could Become A Multi-Bagger
Aug 16Returns On Capital Are A Standout For MG International (EPA:ALMGI)
Jun 28We Think MG International (EPA:ALMGI) Can Manage Its Debt With Ease
May 27We Like These Underlying Trends At MG International (EPA:ALMGI)
Mar 11Should You Rely On MG International's (EPA:ALMGI) Earnings Growth?
Jan 10
These 4 Measures Indicate That MG International (EPA:ALMGI) Is Using Debt Reasonably Well
Dec 13We Like These Underlying Trends At MG International (EPA:ALMGI)
Nov 22Financial Position Analysis
Short Term Liabilities: ALMGI's short term assets (€32.6M) exceed its short term liabilities (€6.5M).
Long Term Liabilities: ALMGI's short term assets (€32.6M) exceed its long term liabilities (€3.1M).
Debt to Equity History and Analysis
Debt Level: ALMGI has more cash than its total debt.
Reducing Debt: ALMGI's debt to equity ratio has reduced from 62.8% to 13% over the past 5 years.
Debt Coverage: ALMGI's debt is well covered by operating cash flow (155.7%).
Interest Coverage: ALMGI's interest payments on its debt are well covered by EBIT (23.5x coverage).