Mevaco Balance Sheet Health
Financial Health criteria checks 4/6
Mevaco has a total shareholder equity of €29.1M and total debt of €4.9M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are €55.3M and €26.3M respectively. Mevaco's EBIT is €4.7M making its interest coverage ratio 38.5. It has cash and short-term investments of €7.9M.
Key information
17.0%
Debt to equity ratio
€4.93m
Debt
| Interest coverage ratio | 38.5x |
| Cash | €7.93m |
| Equity | €29.06m |
| Total liabilities | €26.27m |
| Total assets | €55.33m |
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 (€29.7M) exceed its short term liabilities (€20.0M).
Long Term Liabilities: MEVA's short term assets (€29.7M) exceed its long term liabilities (€6.3M).
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 16.6% to 17% over the past 5 years.
Debt Coverage: MEVA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MEVA's interest payments on its debt are well covered by EBIT (38.5x coverage).