ME Group International Balance Sheet Health
Financial Health criteria checks 5/6
ME Group International has a total shareholder equity of £159.0M and total debt of £77.2M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are £332.5M and £173.5M respectively. ME Group International's EBIT is £70.6M making its interest coverage ratio 69.3. It has cash and short-term investments of £111.1M.
Key information
48.5%
Debt to equity ratio
UK£77.17m
Debt
| Interest coverage ratio | 69.3x |
| Cash | UK£111.09m |
| Equity | UK£158.99m |
| Total liabilities | UK£173.53m |
| Total assets | UK£332.52m |
Recent financial health updates
These 4 Measures Indicate That Photo-Me International (LON:PHTM) Is Using Debt Reasonably Well
Apr 12
Recent updates
ME Group International plc (LON:MEGP) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 01ME Group International plc (LON:MEGP) Released Earnings Last Week And Analysts Lifted Their Price Target To UK£1.97
Feb 27ME Group International (LON:MEGP) Will Pay A Larger Dividend Than Last Year At £0.0442
Feb 25When Should You Buy ME Group International plc (LON:MEGP)?
Feb 10Should You Be Adding ME Group International (LON:MEGP) To Your Watchlist Today?
Oct 21Should You Be Adding ME Group International (LON:MEGP) To Your Watchlist Today?
Jun 17ME Group International (LON:MEGP) Has Announced A Dividend Of £0.03
Apr 07Photo-Me International (LON:PHTM) Could Be Struggling To Allocate Capital
Dec 11Photo-Me International plc (LON:PHTM) Shares Could Be 33% Below Their Intrinsic Value Estimate
Nov 13At UK£0.69, Is It Time To Put Photo-Me International plc (LON:PHTM) On Your Watch List?
Oct 22These 4 Measures Indicate That Photo-Me International (LON:PHTM) Is Using Debt Reasonably Well
Apr 12Serge Crasnianski Is The Group CEO & Deputy Chairman of Photo-Me International plc (LON:PHTM) And Just Spent UK£273k On Shares
Mar 17A Look At The Intrinsic Value Of Photo-Me International plc (LON:PHTM)
Mar 12Will Photo-Me International (LON:PHTM) Multiply In Value Going Forward?
Feb 18
Is It Too Late To Consider Buying Photo-Me International plc (LON:PHTM)?
Jan 14Does Photo-Me International's (LON:PHTM) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 22Read This Before Selling Photo-Me International plc (LON:PHTM) Shares
Dec 04Financial Position Analysis
Short Term Liabilities: MEGP's short term assets (£168.8M) exceed its short term liabilities (£102.5M).
Long Term Liabilities: MEGP's short term assets (£168.8M) exceed its long term liabilities (£71.1M).
Debt to Equity History and Analysis
Debt Level: MEGP has more cash than its total debt.
Reducing Debt: MEGP's debt to equity ratio has increased from 42.1% to 48.5% over the past 5 years.
Debt Coverage: MEGP's debt is well covered by operating cash flow (108%).
Interest Coverage: MEGP's interest payments on its debt are well covered by EBIT (69.3x coverage).