MGI Digital Technology Société Anonyme Balance Sheet Health
Financial Health criteria checks 6/6
MGI Digital Technology Société Anonyme has a total shareholder equity of €129.5M and total debt of €8.7M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are €150.5M and €21.0M respectively. MGI Digital Technology Société Anonyme's EBIT is €7.8M making its interest coverage ratio 30.1. It has cash and short-term investments of €28.7M.
Key information
6.7%
Debt to equity ratio
€8.66m
Debt
| Interest coverage ratio | 30.1x |
| Cash | €28.70m |
| Equity | €129.52m |
| Total liabilities | €21.01m |
| Total assets | €150.53m |
Recent financial health updates
Recent updates
MGI Digital Technology Société Anonyme (EPA:ALMDG) Might Be Having Difficulty Using Its Capital Effectively
Oct 16
MGI Digital Technology Société Anonyme (EPA:ALMDG) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Jun 26MGI Digital Technology Société Anonyme (EPA:ALMDG) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Apr 25We Think That There Are Issues Underlying MGI Digital Technology Société Anonyme's (EPA:ALMDG) Earnings
Apr 11MGI Digital Technology Société Anonyme's (EPA:ALMDG) Returns On Capital Not Reflecting Well On The Business
Apr 05Many Still Looking Away From MGI Digital Technology Société Anonyme (EPA:ALMDG)
Mar 05Should You Think About Buying MGI Digital Technology Société Anonyme (EPA:ALMDG) Now?
Feb 16Is MGI Digital Technology Société Anonyme (EPA:ALMDG) Potentially Undervalued?
Oct 12Returns On Capital At MGI Digital Technology Société Anonyme (EPA:ALMDG) Paint A Concerning Picture
Jun 10MGI Digital Technology Société Anonyme (EPA:ALMDG) Could Be Struggling To Allocate Capital
Jan 19These 4 Measures Indicate That MGI Digital Technology Société Anonyme (EPA:ALMDG) Is Using Debt Reasonably Well
Dec 08Financial Position Analysis
Short Term Liabilities: ALMDG's short term assets (€75.8M) exceed its short term liabilities (€10.0M).
Long Term Liabilities: ALMDG's short term assets (€75.8M) exceed its long term liabilities (€11.1M).
Debt to Equity History and Analysis
Debt Level: ALMDG has more cash than its total debt.
Reducing Debt: ALMDG's debt to equity ratio has reduced from 10.2% to 6.7% over the past 5 years.
Debt Coverage: ALMDG's debt is well covered by operating cash flow (117.2%).
Interest Coverage: ALMDG's interest payments on its debt are well covered by EBIT (30.1x coverage).