Mountview Estates Balance Sheet Health
Financial Health criteria checks 4/6
Mountview Estates has a total shareholder equity of £395.9M and total debt of £66.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are £473.6M and £77.7M respectively. Mountview Estates's EBIT is £37.0M making its interest coverage ratio 14.9. It has cash and short-term investments of £1.9M.
Key information
16.7%
Debt to equity ratio
UK£66.20m
Debt
Interest coverage ratio | 14.9x |
Cash | UK£1.91m |
Equity | UK£395.88m |
Total liabilities | UK£77.73m |
Total assets | UK£473.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTVWl's short term assets (£446.7M) exceed its short term liabilities (£5.8M).
Long Term Liabilities: MTVWl's short term assets (£446.7M) exceed its long term liabilities (£72.0M).
Debt to Equity History and Analysis
Debt Level: MTVWl's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: MTVWl's debt to equity ratio has increased from 11.8% to 16.7% over the past 5 years.
Debt Coverage: MTVWl's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MTVWl's interest payments on its debt are well covered by EBIT (14.9x coverage).