Meier Tobler Group Balance Sheet Health
Financial Health criteria checks 6/6
Meier Tobler Group has a total shareholder equity of CHF173.2M and total debt of CHF21.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CHF333.2M and CHF160.0M respectively. Meier Tobler Group's EBIT is CHF41.9M making its interest coverage ratio 89. It has cash and short-term investments of CHF18.8M.
Key information
12.1%
Debt to equity ratio
CHF21.00m
Debt
Interest coverage ratio | 89x |
Cash | CHF18.80m |
Equity | CHF173.19m |
Total liabilities | CHF159.98m |
Total assets | CHF333.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QQK's short term assets (CHF161.8M) exceed its short term liabilities (CHF133.9M).
Long Term Liabilities: 0QQK's short term assets (CHF161.8M) exceed its long term liabilities (CHF26.1M).
Debt to Equity History and Analysis
Debt Level: 0QQK's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: 0QQK's debt to equity ratio has reduced from 80.7% to 12.1% over the past 5 years.
Debt Coverage: 0QQK's debt is well covered by operating cash flow (204.3%).
Interest Coverage: 0QQK's interest payments on its debt are well covered by EBIT (89x coverage).