Mayr-Melnhof Karton Balance Sheet Health
Financial Health criteria checks 3/6
Mayr-Melnhof Karton has a total shareholder equity of €2.0B and total debt of €1.8B, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are €4.8B and €2.8B respectively. Mayr-Melnhof Karton's EBIT is €234.1M making its interest coverage ratio 6.6. It has cash and short-term investments of €188.5M.
Key information
90.7%
Debt to equity ratio
€1.80b
Debt
Interest coverage ratio | 6.6x |
Cash | €188.45m |
Equity | €1.98b |
Total liabilities | €2.80b |
Total assets | €4.79b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMKV's short term assets (€1.8B) exceed its short term liabilities (€930.7M).
Long Term Liabilities: MMKV's short term assets (€1.8B) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: MMKV's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: MMKV's debt to equity ratio has increased from 15.9% to 90.7% over the past 5 years.
Debt Coverage: MMKV's debt is well covered by operating cash flow (20.7%).
Interest Coverage: MMKV's interest payments on its debt are well covered by EBIT (6.6x coverage).