Manitou BF Balance Sheet Health
Financial Health criteria checks 4/6
Manitou BF has a total shareholder equity of €791.6M and total debt of €281.4M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are €1.8B and €971.6M respectively. Manitou BF's EBIT is €84.6M making its interest coverage ratio 19.9. It has cash and short-term investments of €60.7M.
Key information
35.5%
Debt to equity ratio
€281.38m
Debt
Interest coverage ratio | 19.9x |
Cash | €60.70m |
Equity | €791.58m |
Total liabilities | €971.57m |
Total assets | €1.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTUP's short term assets (€1.4B) exceed its short term liabilities (€772.3M).
Long Term Liabilities: MTUP's short term assets (€1.4B) exceed its long term liabilities (€199.3M).
Debt to Equity History and Analysis
Debt Level: MTUP's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: MTUP's debt to equity ratio has increased from 22.1% to 35.5% over the past 5 years.
Debt Coverage: MTUP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MTUP's interest payments on its debt are well covered by EBIT (19.9x coverage).