J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing Balance Sheet Health
Financial Health criteria checks 2/6
J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing has a total shareholder equity of €3.9M and total debt of €13.8M, which brings its debt-to-equity ratio to 352.6%. Its total assets and total liabilities are €27.8M and €23.9M respectively. J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's EBIT is €975.0K making its interest coverage ratio 1. It has cash and short-term investments of €299.0K.
Key information
352.6%
Debt to equity ratio
€13.78m
Debt
| Interest coverage ratio | 1x |
| Cash | €299.00k |
| Equity | €3.91m |
| Total liabilities | €23.94m |
| Total assets | €27.85m |
Recent financial health updates
Recent updates
There's Been No Shortage Of Growth Recently For J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing's (ATH:MIN) Returns On Capital
Aug 25
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company's (ATH:MIN) Subdued P/S Might Signal An Opportunity
Jul 02We Like These Underlying Return On Capital Trends At J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN)
Jan 09Returns On Capital Are Showing Encouraging Signs At J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN)
Sep 21J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Might Have The Makings Of A Multi-Bagger
Jun 14J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company's (ATH:MIN) Subdued P/E Might Signal An Opportunity
Jan 14J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Is Doing The Right Things To Multiply Its Share Price
Jul 09Does J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Have A Healthy Balance Sheet?
Dec 07Returns At J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Are On The Way Up
Oct 24J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN) Shareholders Will Want The ROCE Trajectory To Continue
May 12We Like These Underlying Trends At J. & B. Ladenis Bros - Minerva - Knitwear Manufacturing (ATH:MIN)
Jan 28
Financial Position Analysis
Short Term Liabilities: MIN's short term assets (€14.0M) exceed its short term liabilities (€8.9M).
Long Term Liabilities: MIN's short term assets (€14.0M) do not cover its long term liabilities (€15.1M).
Debt to Equity History and Analysis
Debt Level: MIN's net debt to equity ratio (344.9%) is considered high.
Reducing Debt: MIN's debt to equity ratio has reduced from 451.3% to 352.6% 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: Insufficient data to determine if MIN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MIN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:11 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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