MFE-Mediaforeurope Balance Sheet Health
Financial Health criteria checks 4/6
MFE-Mediaforeurope has a total shareholder equity of €2.8B and total debt of €662.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are €3.6B and €1.9B respectively. MFE-Mediaforeurope's EBIT is €322.2M making its interest coverage ratio 13.5. It has cash and short-term investments of €175.3M.
Key information
23.3%
Debt to equity ratio
€662.00m
Debt
| Interest coverage ratio | 13.5x |
| Cash | €175.30m |
| Equity | €2.84b |
| Total liabilities | €1.88b |
| Total assets | €3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFEAM's short term assets (€186.2M) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: MFEAM's short term assets (€186.2M) do not cover its long term liabilities (€711.7M).
Debt to Equity History and Analysis
Debt Level: MFEAM's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: MFEAM's debt to equity ratio has reduced from 52.2% to 23.3% over the past 5 years.
Debt Coverage: MFEAM's debt is well covered by operating cash flow (129.7%).
Interest Coverage: MFEAM's interest payments on its debt are well covered by EBIT (13.5x coverage).