MG International Balance Sheet Health
Financial Health criteria checks 5/6
MG International has a total shareholder equity of €33.0M and total debt of €7.3M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are €67.2M and €34.2M respectively. MG International's EBIT is €4.5M making its interest coverage ratio 24.8. It has cash and short-term investments of €4.9M.
Key information
22.1%
Debt to equity ratio
€7.29m
Debt
| Interest coverage ratio | 24.8x |
| Cash | €4.95m |
| Equity | €33.03m |
| Total liabilities | €34.21m |
| Total assets | €67.24m |
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
Calculating 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 (€56.8M) exceed its short term liabilities (€29.8M).
Long Term Liabilities: ALMGI's short term assets (€56.8M) exceed its long term liabilities (€4.4M).
Debt to Equity History and Analysis
Debt Level: ALMGI's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: ALMGI's debt to equity ratio has reduced from 62.8% to 22.1% over the past 5 years.
Debt Coverage: ALMGI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALMGI's interest payments on its debt are well covered by EBIT (24.8x coverage).