Mincon Group Balance Sheet Health
Financial Health criteria checks 4/6
Mincon Group has a total shareholder equity of €152.2M and total debt of €32.3M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are €217.6M and €65.5M respectively. Mincon Group's EBIT is €4.8M making its interest coverage ratio 1.9. It has cash and short-term investments of €15.8M.
Key information
21.2%
Debt to equity ratio
€32.32m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €15.77m |
| Equity | €152.16m |
| Total liabilities | €65.45m |
| Total assets | €217.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIO's short term assets (€120.2M) exceed its short term liabilities (€35.7M).
Long Term Liabilities: MIO's short term assets (€120.2M) exceed its long term liabilities (€29.8M).
Debt to Equity History and Analysis
Debt Level: MIO's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: MIO's debt to equity ratio has increased from 9.7% to 21.2% over the past 5 years.
Debt Coverage: MIO's debt is well covered by operating cash flow (69.9%).
Interest Coverage: MIO's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:07 |
| 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
Mincon Group plc is covered by 5 analysts. 2 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 |
|---|---|
| Florence O'Donoghue | Davy |
| Colin Sheridan | Davy |
| Michael Mullen | Investec Bank plc (UK) |