Medicover Balance Sheet Health
Financial Health criteria checks 1/6
Medicover has a total shareholder equity of €527.4M and total debt of €642.7M, which brings its debt-to-equity ratio to 121.9%. Its total assets and total liabilities are €2.1B and €1.5B respectively. Medicover's EBIT is €83.3M making its interest coverage ratio 1.6. It has cash and short-term investments of €77.2M.
Key information
121.9%
Debt to equity ratio
€642.70m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €77.20m |
| Equity | €527.40m |
| Total liabilities | €1.53b |
| Total assets | €2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RPS's short term assets (€422.0M) do not cover its short term liabilities (€564.0M).
Long Term Liabilities: 0RPS's short term assets (€422.0M) do not cover its long term liabilities (€963.8M).
Debt to Equity History and Analysis
Debt Level: 0RPS's net debt to equity ratio (107.2%) is considered high.
Reducing Debt: 0RPS's debt to equity ratio has increased from 70.9% to 121.9% over the past 5 years.
Debt Coverage: 0RPS's debt is well covered by operating cash flow (37.4%).
Interest Coverage: 0RPS's interest payments on its debt are not well covered by EBIT (1.6x coverage).