Manx Financial Group Balance Sheet Health
Financial Health criteria checks 2/6
Manx Financial Group has a total shareholder equity of £36.0M and total debt of £39.3M, which brings its debt-to-equity ratio to 109.3%. Its total assets and total liabilities are £480.7M and £444.7M respectively.
Key information
109.3%
Debt to equity ratio
UK£39.32m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£12.11m |
| Equity | UK£35.98m |
| Total liabilities | UK£444.72m |
| Total assets | UK£480.71m |
Recent financial health updates
No updates
Recent updates
Do Manx Financial Group's (LON:MFX) Earnings Warrant Your Attention?
Aug 20
Manx Financial Group PLC's (LON:MFX) Shares Leap 35% Yet They're Still Not Telling The Full Story
Apr 04Here's Why We Think Manx Financial Group (LON:MFX) Is Well Worth Watching
Apr 03Here's Why Manx Financial Group (LON:MFX) Has Caught The Eye Of Investors
Aug 03Here's Why Manx Financial Group (LON:MFX) Has Caught The Eye Of Investors
Dec 30With EPS Growth And More, Manx Financial Group (LON:MFX) Makes An Interesting Case
Sep 28Financial Position Analysis
Short Term Liabilities: MFX's short term assets (£383.0M) do not cover its short term liabilities (£390.8M).
Long Term Liabilities: MFX's short term assets (£383.0M) exceed its long term liabilities (£53.9M).
Debt to Equity History and Analysis
Debt Level: MFX's net debt to equity ratio (75.6%) is considered high.
Reducing Debt: MFX's debt to equity ratio has increased from 81.2% to 109.3% over the past 5 years.
Debt Coverage: MFX's debt is well covered by operating cash flow (45.9%).
Interest Coverage: Insufficient data to determine if MFX's interest payments on its debt are well covered by EBIT.