Mondi Balance Sheet Health
Financial Health criteria checks 6/6
Mondi has a total shareholder equity of €5.4B and total debt of €1.9B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are €9.4B and €4.0B respectively. Mondi's EBIT is €493.0M making its interest coverage ratio 9.7. It has cash and short-term investments of €426.0M.
Key information
35.0%
Debt to equity ratio
€1.89b
Debt
| Interest coverage ratio | 9.7x |
| Cash | €426.00m |
| Equity | €5.40b |
| Total liabilities | €4.04b |
| Total assets | €9.44b |
Recent financial health updates
Here's Why Mondi (LON:MNDI) Has A Meaningful Debt Burden
Aug 04
We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt
Mar 15Here's Why Mondi (LON:MNDI) Can Manage Its Debt Responsibly
Sep 25We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt
Jun 22We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt
Mar 20Here's Why Mondi (LON:MNDI) Can Manage Its Debt Responsibly
Sep 21Recent updates
Is There An Opportunity With Mondi plc's (LON:MNDI) 33% Undervaluation?
Oct 18Why Investors Shouldn't Be Surprised By Mondi plc's (LON:MNDI) P/E
Aug 22Here's Why Mondi (LON:MNDI) Has A Meaningful Debt Burden
Aug 04Calculating The Intrinsic Value Of Mondi plc (LON:MNDI)
May 21Investor Optimism Abounds Mondi plc (LON:MNDI) But Growth Is Lacking
May 03Earnings Troubles May Signal Larger Issues for Mondi (LON:MNDI) Shareholders
Mar 28We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt
Mar 15Little Excitement Around Mondi plc's (LON:MNDI) Earnings
Jan 17Mondi (LON:MNDI) Is Reinvesting At Lower Rates Of Return
Nov 18Estimating The Intrinsic Value Of Mondi plc (LON:MNDI)
Oct 11Here's Why Mondi (LON:MNDI) Can Manage Its Debt Responsibly
Sep 25We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt
Jun 22Mondi (LON:MNDI) Hasn't Managed To Accelerate Its Returns
May 19Are Mondi plc (LON:MNDI) Investors Paying Above The Intrinsic Value?
May 01We Think Mondi (LON:MNDI) Can Stay On Top Of Its Debt
Mar 20Mondi (LON:MNDI) Has More To Do To Multiply In Value Going Forward
Jan 19Estimating The Intrinsic Value Of Mondi plc (LON:MNDI)
Dec 04Slowing Rates Of Return At Mondi (LON:MNDI) Leave Little Room For Excitement
Oct 21Here's Why Mondi (LON:MNDI) Can Manage Its Debt Responsibly
Sep 21Mondi's (LON:MNDI) Earnings Are Weaker Than They Seem
Aug 12Returns On Capital At Mondi (LON:MNDI) Have Hit The Brakes
Jul 17Is Mondi plc (LON:MNDI) Trading At A 23% Discount?
May 16Mondi's (LON:MNDI) Returns Have Hit A Wall
Apr 18These 4 Measures Indicate That Mondi (LON:MNDI) Is Using Debt Reasonably Well
Mar 06Financial Position Analysis
Short Term Liabilities: MNDI's short term assets (€3.1B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: MNDI's short term assets (€3.1B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: MNDI's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: MNDI's debt to equity ratio has reduced from 54.4% to 35% over the past 5 years.
Debt Coverage: MNDI's debt is well covered by operating cash flow (55%).
Interest Coverage: MNDI's interest payments on its debt are well covered by EBIT (9.7x coverage).