Mevaco Balance Sheet Health
Financial Health criteria checks 5/6
Mevaco has a total shareholder equity of €30.1M and total debt of €5.8M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are €56.9M and €26.8M respectively. Mevaco's EBIT is €3.5M making its interest coverage ratio 21.7. It has cash and short-term investments of €9.5M.
Key information
19.1%
Debt to equity ratio
€5.76m
Debt
| Interest coverage ratio | 21.7x |
| Cash | €9.48m |
| Equity | €30.12m |
| Total liabilities | €26.81m |
| Total assets | €56.93m |
Recent financial health updates
Recent updates
Investors Will Want Mevaco's (ATH:MEVA) Growth In ROCE To Persist
Feb 21
Investors Continue Waiting On Sidelines For Mevaco S.A. (ATH:MEVA)
Sep 14The Return Trends At Mevaco (ATH:MEVA) Look Promising
Jun 02Mevaco (ATH:MEVA) Is Doing The Right Things To Multiply Its Share Price
Feb 15Mevaco's (ATH:MEVA) Robust Earnings Are Supported By Other Strong Factors
Oct 06Mevaco (ATH:MEVA) Is Looking To Continue Growing Its Returns On Capital
Mar 09We Like These Underlying Return On Capital Trends At Mevaco (ATH:MEVA)
Sep 30Would Mevaco (ATH:MEVA) Be Better Off With Less Debt?
May 12Financial Position Analysis
Short Term Liabilities: MEVA's short term assets (€30.2M) exceed its short term liabilities (€19.8M).
Long Term Liabilities: MEVA's short term assets (€30.2M) exceed its long term liabilities (€7.0M).
Debt to Equity History and Analysis
Debt Level: MEVA has more cash than its total debt.
Reducing Debt: MEVA's debt to equity ratio has increased from 14.6% to 19.1% over the past 5 years.
Debt Coverage: MEVA's debt is well covered by operating cash flow (64.3%).
Interest Coverage: MEVA's interest payments on its debt are well covered by EBIT (21.7x coverage).