Mercialys Balance Sheet Health
Financial Health criteria checks 3/6
Mercialys has a total shareholder equity of €811.5M and total debt of €1.2B, which brings its debt-to-equity ratio to 146.3%. Its total assets and total liabilities are €2.1B and €1.3B respectively. Mercialys's EBIT is €97.7M making its interest coverage ratio 3.1. It has cash and short-term investments of €88.2M.
Key information
146.3%
Debt to equity ratio
€1.19b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €88.20m |
| Equity | €811.50m |
| Total liabilities | €1.30b |
| Total assets | €2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MERYP's short term assets (€277.4M) exceed its short term liabilities (€116.7M).
Long Term Liabilities: MERYP's short term assets (€277.4M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: MERYP's net debt to equity ratio (135.4%) is considered high.
Reducing Debt: MERYP's debt to equity ratio has reduced from 193.9% to 146.3% over the past 5 years.
Debt Coverage: MERYP's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: MERYP's interest payments on its debt are well covered by EBIT (3.1x coverage).