Masterflex Balance Sheet Health
Financial Health criteria checks 6/6
Masterflex has a total shareholder equity of €55.3M and total debt of €26.3M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are €94.5M and €39.2M respectively. Masterflex's EBIT is €12.4M making its interest coverage ratio 17.4. It has cash and short-term investments of €8.2M.
Key information
47.5%
Debt to equity ratio
€26.27m
Debt
Interest coverage ratio | 17.4x |
Cash | €8.22m |
Equity | €55.27m |
Total liabilities | €39.21m |
Total assets | €94.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FCT's short term assets (€44.8M) exceed its short term liabilities (€13.6M).
Long Term Liabilities: 0FCT's short term assets (€44.8M) exceed its long term liabilities (€25.6M).
Debt to Equity History and Analysis
Debt Level: 0FCT's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: 0FCT's debt to equity ratio has reduced from 68.2% to 47.5% over the past 5 years.
Debt Coverage: 0FCT's debt is well covered by operating cash flow (42.7%).
Interest Coverage: 0FCT's interest payments on its debt are well covered by EBIT (17.4x coverage).