MLP Balance Sheet Health
Financial Health criteria checks 6/6
MLP has a total shareholder equity of €547.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €3.8B and €3.3B respectively. MLP's EBIT is €76.6M making its interest coverage ratio 9. It has cash and short-term investments of €960.7M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 9x |
Cash | €960.71m |
Equity | €547.15m |
Total liabilities | €3.25b |
Total assets | €3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLPD's short term assets (€3.2B) exceed its short term liabilities (€23.3M).
Long Term Liabilities: MLPD's short term assets (€3.2B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: MLPD is debt free.
Reducing Debt: MLPD had no debt 5 years ago.
Debt Coverage: MLPD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MLPD has no debt, therefore coverage of interest payments is not a concern.