Masterflex Balance Sheet Health
Financial Health criteria checks 6/6
Masterflex has a total shareholder equity of €61.9M and total debt of €1.4M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are €97.5M and €35.6M respectively. Masterflex's EBIT is €12.7M making its interest coverage ratio 9.6. It has cash and short-term investments of €12.2M.
Key information
2.2%
Debt to equity ratio
€1.37m
Debt
| Interest coverage ratio | 9.6x |
| Cash | €12.18m |
| Equity | €61.87m |
| Total liabilities | €35.65m |
| Total assets | €97.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FCT's short term assets (€47.7M) exceed its short term liabilities (€10.0M).
Long Term Liabilities: 0FCT's short term assets (€47.7M) exceed its long term liabilities (€25.6M).
Debt to Equity History and Analysis
Debt Level: 0FCT has more cash than its total debt.
Reducing Debt: 0FCT's debt to equity ratio has reduced from 70.1% to 2.2% over the past 5 years.
Debt Coverage: 0FCT's debt is well covered by operating cash flow (1026.6%).
Interest Coverage: 0FCT's interest payments on its debt are well covered by EBIT (9.6x coverage).