Malteries Franco-Belges Société Anonyme Balance Sheet Health
Financial Health criteria checks 6/6
Malteries Franco-Belges Société Anonyme has a total shareholder equity of €230.5M and total debt of €95.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are €256.4M and €26.0M respectively. Malteries Franco-Belges Société Anonyme's EBIT is €9.2M making its interest coverage ratio -26.3. It has cash and short-term investments of €46.0K.
Key information
0.04%
Debt to equity ratio
€95.00k
Debt
Interest coverage ratio | -26.3x |
Cash | €46.00k |
Equity | €230.48m |
Total liabilities | €25.96m |
Total assets | €256.44m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MALTP's short term assets (€111.4M) exceed its short term liabilities (€17.2M).
Long Term Liabilities: MALTP's short term assets (€111.4M) exceed its long term liabilities (€8.7M).
Debt to Equity History and Analysis
Debt Level: MALTP's net debt to equity ratio (0.02%) is considered satisfactory.
Reducing Debt: MALTP's debt to equity ratio has reduced from 0.05% to 0.04% over the past 5 years.
Debt Coverage: MALTP's debt is well covered by operating cash flow (59862.1%).
Interest Coverage: MALTP earns more interest than it pays, so coverage of interest payments is not a concern.