MRM Balance Sheet Health
Financial Health criteria checks 1/6
MRM has a total shareholder equity of €123.2M and total debt of €118.7M, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are €250.8M and €136.2M respectively. MRM's EBIT is €8.6M making its interest coverage ratio 1.9. It has cash and short-term investments of €6.0M.
Key information
96.3%
Debt to equity ratio
€118.70m
Debt
Interest coverage ratio | 1.9x |
Cash | €6.00m |
Equity | €123.20m |
Total liabilities | €136.17m |
Total assets | €250.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MRM's short term assets (€15.3M) exceed its short term liabilities (€8.6M).
Long Term Liabilities: MRM's short term assets (€15.3M) do not cover its long term liabilities (€127.6M).
Debt to Equity History and Analysis
Debt Level: MRM's net debt to equity ratio (91.5%) is considered high.
Reducing Debt: MRM's debt to equity ratio has increased from 74% to 96.3% over the past 5 years.
Debt Coverage: MRM's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: MRM's interest payments on its debt are not well covered by EBIT (1.9x coverage).