Groupe Minoteries Balance Sheet Health
Financial Health criteria checks 6/6
Groupe Minoteries has a total shareholder equity of CHF114.2M and total debt of CHF0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CHF140.5M and CHF26.2M respectively. Groupe Minoteries's EBIT is CHF6.8M making its interest coverage ratio -271.9. It has cash and short-term investments of CHF15.6M.
Key information
0%
Debt to equity ratio
CHF0
Debt
Interest coverage ratio | -271.9x |
Cash | CHF15.60m |
Equity | CHF114.20m |
Total liabilities | CHF26.25m |
Total assets | CHF140.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMIZ's short term assets (CHF60.5M) exceed its short term liabilities (CHF17.0M).
Long Term Liabilities: GMIZ's short term assets (CHF60.5M) exceed its long term liabilities (CHF9.3M).
Debt to Equity History and Analysis
Debt Level: GMIZ is debt free.
Reducing Debt: GMIZ has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.
Debt Coverage: GMIZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GMIZ has no debt, therefore coverage of interest payments is not a concern.