Medicover Balance Sheet Health
Financial Health criteria checks 1/6
Medicover has a total shareholder equity of €541.0M and total debt of €607.3M, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are €2.0B and €1.5B respectively. Medicover's EBIT is €70.6M making its interest coverage ratio 1.5. It has cash and short-term investments of €81.2M.
Key information
112.3%
Debt to equity ratio
€607.30m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €81.20m |
| Equity | €541.00m |
| Total liabilities | €1.46b |
| Total assets | €2.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCOVBS's short term assets (€393.7M) do not cover its short term liabilities (€521.9M).
Long Term Liabilities: MCOVBS's short term assets (€393.7M) do not cover its long term liabilities (€934.7M).
Debt to Equity History and Analysis
Debt Level: MCOVBS's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: MCOVBS's debt to equity ratio has increased from 45.6% to 112.3% over the past 5 years.
Debt Coverage: MCOVBS's debt is well covered by operating cash flow (36.6%).
Interest Coverage: MCOVBS's interest payments on its debt are not well covered by EBIT (1.5x coverage).