Mitie Group Financial Health

How is Mitie Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MTO's short term assets (£1.0B) do not cover its short term liabilities (£1.1B).

Long Term Liabilities: MTO's short term assets (£1.0B) exceed its long term liabilities (£211.8M).


Debt to Equity History and Analysis

Debt Level: MTO's net debt to equity ratio (11%) is considered satisfactory.

Reducing Debt: MTO's debt to equity ratio has reduced from 298.9% to 79.1% over the past 5 years.

Debt Coverage: MTO's debt is well covered by operating cash flow (36.6%).

Interest Coverage: MTO's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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