Mountview Estates Balance Sheet Health
Financial Health criteria checks 4/6
Mountview Estates has a total shareholder equity of £399.6M and total debt of £66.5M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are £475.6M and £76.0M respectively. Mountview Estates's EBIT is £41.4M making its interest coverage ratio 11.2. It has cash and short-term investments of £739.0K.
Key information
16.6%
Debt to equity ratio
UK£66.50m
Debt
Interest coverage ratio | 11.2x |
Cash | UK£739.00k |
Equity | UK£399.63m |
Total liabilities | UK£75.99m |
Total assets | UK£475.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTVWl's short term assets (£448.6M) exceed its short term liabilities (£3.7M).
Long Term Liabilities: MTVWl's short term assets (£448.6M) exceed its long term liabilities (£72.3M).
Debt to Equity History and Analysis
Debt Level: MTVWl's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: MTVWl's debt to equity ratio has increased from 13.2% to 16.6% over the past 5 years.
Debt Coverage: MTVWl's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: MTVWl's interest payments on its debt are well covered by EBIT (11.2x coverage).