Mowi Balance Sheet Health
Financial Health criteria checks 4/6
Mowi has a total shareholder equity of €3.9B and total debt of €2.0B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are €8.1B and €4.2B respectively. Mowi's EBIT is €861.8M making its interest coverage ratio 7.3. It has cash and short-term investments of €168.2M.
Key information
51.7%
Debt to equity ratio
€1.99b
Debt
Interest coverage ratio | 7.3x |
Cash | €168.20m |
Equity | €3.86b |
Total liabilities | €4.19b |
Total assets | €8.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOWIO's short term assets (€3.7B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: MOWIO's short term assets (€3.7B) exceed its long term liabilities (€3.0B).
Debt to Equity History and Analysis
Debt Level: MOWIO's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: MOWIO's debt to equity ratio has increased from 37% to 51.7% over the past 5 years.
Debt Coverage: MOWIO's debt is well covered by operating cash flow (40.8%).
Interest Coverage: MOWIO's interest payments on its debt are well covered by EBIT (7.3x coverage).