Mincon Group Balance Sheet Health
Financial Health criteria checks 5/6
Mincon Group has a total shareholder equity of €154.3M and total debt of €32.5M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are €219.5M and €65.2M respectively. Mincon Group's EBIT is €12.3M making its interest coverage ratio 5.2. It has cash and short-term investments of €20.5M.
Key information
21.1%
Debt to equity ratio
€32.49m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €20.48m |
| Equity | €154.25m |
| Total liabilities | €65.25m |
| Total assets | €219.50m |
Recent financial health updates
Is Mincon Group (LON:MCON) A Risky Investment?
Oct 25
Is Mincon Group (LON:MCON) A Risky Investment?
Sep 07Mincon Group (LON:MCON) Has A Pretty Healthy Balance Sheet
May 05Recent updates
Here's Why Mincon Group plc's (LON:MCON) CEO May Not Expect A Pay Rise This Year
Apr 26Is Mincon Group (LON:MCON) A Risky Investment?
Oct 25Mincon Group (LON:MCON) Will Be Hoping To Turn Its Returns On Capital Around
Oct 10Is Mincon Group (LON:MCON) A Risky Investment?
Sep 07Mincon Group (LON:MCON) Has A Pretty Healthy Balance Sheet
May 05Does Mincon Group plc (LON:MCON) Have A Place In Your Dividend Portfolio?
Apr 09Do Mincon Group's (LON:MCON) Earnings Warrant Your Attention?
Mar 17Here’s What’s Happening With Returns At Mincon Group (LON:MCON)
Feb 19The Mincon Group (LON:MCON) Share Price Has Gained 87% And Shareholders Are Hoping For More
Jan 26
Mincon Group's (LON:MCON) Earnings Are Growing But Is There More To The Story?
Jan 11What Kind Of Shareholders Own Mincon Group plc (LON:MCON)?
Dec 27How Should Investors React To Mincon Group's (LON:MCON) CEO Pay?
Dec 15Is Now The Time To Put Mincon Group (LON:MCON) On Your Watchlist?
Dec 03What Can The Trends At Mincon Group (LON:MCON) Tell Us About Their Returns?
Nov 21Financial Position Analysis
Short Term Liabilities: MCON's short term assets (€121.4M) exceed its short term liabilities (€34.2M).
Long Term Liabilities: MCON's short term assets (€121.4M) exceed its long term liabilities (€31.1M).
Debt to Equity History and Analysis
Debt Level: MCON's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: MCON's debt to equity ratio has increased from 3.9% to 21.1% over the past 5 years.
Debt Coverage: MCON's debt is well covered by operating cash flow (69.2%).
Interest Coverage: MCON's interest payments on its debt are well covered by EBIT (5.2x coverage).