Métropole Télévision Balance Sheet Health
Financial Health criteria checks 5/6
Métropole Télévision has a total shareholder equity of €1.3B and total debt of €126.3M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are €2.1B and €709.5M respectively. Métropole Télévision's EBIT is €281.2M making its interest coverage ratio -21.5. It has cash and short-term investments of €444.9M.
Key information
9.4%
Debt to equity ratio
€126.30m
Debt
Interest coverage ratio | -21.5x |
Cash | €444.90m |
Equity | €1.34b |
Total liabilities | €709.50m |
Total assets | €2.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MGL's short term assets (€1.2B) exceed its short term liabilities (€547.1M).
Long Term Liabilities: 0MGL's short term assets (€1.2B) exceed its long term liabilities (€162.4M).
Debt to Equity History and Analysis
Debt Level: 0MGL has more cash than its total debt.
Reducing Debt: 0MGL's debt to equity ratio has increased from 7.2% to 9.4% over the past 5 years.
Debt Coverage: 0MGL's debt is well covered by operating cash flow (242.8%).
Interest Coverage: 0MGL earns more interest than it pays, so coverage of interest payments is not a concern.