Mobico Group Balance Sheet Health
Financial Health criteria checks 2/6
Mobico Group has a total shareholder equity of £1.1B and total debt of £1.4B, which brings its debt-to-equity ratio to 131.2%. Its total assets and total liabilities are £4.1B and £3.0B respectively. Mobico Group's EBIT is £109.5M making its interest coverage ratio 1.5. It has cash and short-term investments of £356.3M.
Key information
131.2%
Debt to equity ratio
UK£1.40b
Debt
| Interest coverage ratio | 1.5x |
| Cash | UK£356.30m |
| Equity | UK£1.07b |
| Total liabilities | UK£3.01b |
| Total assets | UK£4.08b |
Recent financial health updates
Here's Why Mobico Group (LON:MCG) Has A Meaningful Debt Burden
Nov 16
National Express Group (LON:NEX) Has A Somewhat Strained Balance Sheet
May 27Is National Express Group (LON:NEX) A Risky Investment?
Dec 25National Express Group (LON:NEX) Takes On Some Risk With Its Use Of Debt
Sep 10Is National Express Group (LON:NEX) Using Too Much Debt?
Apr 22Is National Express Group (LON:NEX) Weighed On By Its Debt Load?
Dec 05Recent updates
Mobico Group Plc's (LON:MCG) Popularity With Investors Is Under Threat From Overpricing
Dec 21Here's Why Mobico Group (LON:MCG) Has A Meaningful Debt Burden
Nov 16National Express Group (LON:NEX) Has A Somewhat Strained Balance Sheet
May 27National Express Group PLC (LON:NEX) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 09Is National Express Group (LON:NEX) A Risky Investment?
Dec 25National Express Group (LON:NEX) Takes On Some Risk With Its Use Of Debt
Sep 10National Express Group PLC's (LON:NEX) Intrinsic Value Is Potentially 78% Above Its Share Price
May 18Is National Express Group (LON:NEX) Using Too Much Debt?
Apr 22Is National Express Group (LON:NEX) Weighed On By Its Debt Load?
Dec 05Is It Time To Consider Buying National Express Group PLC (LON:NEX)?
May 26National Express Group (LON:NEX) Has Debt But No Earnings; Should You Worry?
May 05Insider Buying: The National Express Group PLC (LON:NEX) Senior Independent Non-Executive Director Just Bought 599% More Shares
Mar 21Estimating The Fair Value Of National Express Group PLC (LON:NEX)
Mar 09The Returns At National Express Group (LON:NEX) Provide Us With Signs Of What's To Come
Feb 16Is Now An Opportune Moment To Examine National Express Group PLC (LON:NEX)?
Jan 26How Much Did National Express Group's(LON:NEX) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 05Have Insiders Been Selling National Express Group PLC (LON:NEX) Shares This Year?
Dec 15
Does National Express Group (LON:NEX) Have A Healthy Balance Sheet?
Nov 30Financial Position Analysis
Short Term Liabilities: MCG's short term assets (£1.0B) do not cover its short term liabilities (£1.4B).
Long Term Liabilities: MCG's short term assets (£1.0B) do not cover its long term liabilities (£1.6B).
Debt to Equity History and Analysis
Debt Level: MCG's net debt to equity ratio (97.8%) is considered high.
Reducing Debt: MCG's debt to equity ratio has increased from 82.7% to 131.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MCG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.8% per year.