Maire Balance Sheet Health
Financial Health criteria checks 6/6
Maire has a total shareholder equity of €559.2M and total debt of €843.3M, which brings its debt-to-equity ratio to 150.8%. Its total assets and total liabilities are €6.6B and €6.0B respectively. Maire's EBIT is €200.5M making its interest coverage ratio 11.2. It has cash and short-term investments of €1.0B.
Key information
150.8%
Debt to equity ratio
€843.29m
Debt
| Interest coverage ratio | 11.2x |
| Cash | €1.01b |
| Equity | €559.16m |
| Total liabilities | €6.01b |
| Total assets | €6.57b |
Recent financial health updates
Is Maire (BIT:MAIRE) Using Too Much Debt?
Jul 31
Is Maire Tecnimont (BIT:MAIRE) Using Too Much Debt?
Feb 03Maire Tecnimont (BIT:MAIRE) Has A Pretty Healthy Balance Sheet
Nov 04Here's Why Maire Tecnimont (BIT:MAIRE) Can Manage Its Debt Responsibly
Apr 06Is Maire Tecnimont (BIT:MT) Using Too Much Debt?
Jun 12These 4 Measures Indicate That Maire Tecnimont (BIT:MT) Is Using Debt Extensively
Feb 22Recent updates
Is Maire S.p.A. (BIT:MAIRE) Trading At A 46% Discount?
Aug 17Is Maire (BIT:MAIRE) Using Too Much Debt?
Jul 31What Does Maire S.p.A.'s (BIT:MAIRE) Share Price Indicate?
Jun 12Why We're Not Concerned About Maire S.p.A.'s (BIT:MAIRE) Share Price
May 28The Maire Tecnimont S.p.A. (BIT:MAIRE) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Apr 27Do Maire Tecnimont's (BIT:MAIRE) Earnings Warrant Your Attention?
Apr 18The Strong Earnings Posted By Maire Tecnimont (BIT:MAIRE) Are A Good Indication Of The Strength Of The Business
Mar 13Upgrade: Analysts Just Made A Substantial Increase To Their Maire Tecnimont S.p.A. (BIT:MAIRE) Forecasts
Mar 10Maire Tecnimont (BIT:MAIRE) Has Announced That It Will Be Increasing Its Dividend To €0.197
Mar 09Results: Maire Tecnimont S.p.A. Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 08Maire Tecnimont S.p.A.'s (BIT:MAIRE) Intrinsic Value Is Potentially 68% Above Its Share Price
Mar 01Not Many Are Piling Into Maire Tecnimont S.p.A. (BIT:MAIRE) Just Yet
Feb 16Is Maire Tecnimont (BIT:MAIRE) Using Too Much Debt?
Feb 03Is There An Opportunity With Maire Tecnimont S.p.A.'s (BIT:MAIRE) 42% Undervaluation?
Nov 17Maire Tecnimont (BIT:MAIRE) Has A Pretty Healthy Balance Sheet
Nov 04Is There Now An Opportunity In Maire Tecnimont S.p.A. (BIT:MAIRE)?
Sep 27Maire Tecnimont (BIT:MAIRE) Ticks All The Boxes When It Comes To Earnings Growth
Aug 09A Look At The Intrinsic Value Of Maire Tecnimont S.p.A. (BIT:MAIRE)
Jul 14Is Maire Tecnimont S.p.A. (BIT:MAIRE) Potentially Undervalued?
Jun 24Here's Why Maire Tecnimont (BIT:MAIRE) Can Manage Its Debt Responsibly
Apr 06Is It Too Late To Consider Buying Maire Tecnimont S.p.A. (BIT:MT)?
Mar 22Maire Tecnimont S.p.A.'s (BIT:MT) Intrinsic Value Is Potentially 23% Below Its Share Price
Mar 06Is Maire Tecnimont S.p.A. (BIT:MT) Trading At A 38% Discount?
Oct 29Is Now An Opportune Moment To Examine Maire Tecnimont S.p.A. (BIT:MT)?
Oct 05Maire Tecnimont S.p.A. (BIT:MT) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jul 17Is Maire Tecnimont (BIT:MT) Using Too Much Debt?
Jun 12Maire Tecnimont (BIT:MT) Is Reinvesting At Lower Rates Of Return
May 26Is Maire Tecnimont S.p.A. (BIT:MT) Potentially Undervalued?
May 13Maire Tecnimont (BIT:MT) Has Announced That It Will Be Increasing Its Dividend To €0.18
Mar 16Maire Tecnimont's (BIT:MT) Dividend Will Be Increased To €0.18
Feb 27These 4 Measures Indicate That Maire Tecnimont (BIT:MT) Is Using Debt Extensively
Feb 22Maire Tecnimont (BIT:MT) Will Want To Turn Around Its Return Trends
Feb 03Is Now An Opportune Moment To Examine Maire Tecnimont S.p.A. (BIT:MT)?
Jan 20Calculating The Fair Value Of Maire Tecnimont S.p.A. (BIT:MT)
Dec 14Is Maire Tecnimont (BIT:MT) A Risky Investment?
Nov 20The Returns On Capital At Maire Tecnimont (BIT:MT) Don't Inspire Confidence
Nov 05A Look At The Intrinsic Value Of Maire Tecnimont S.p.A. (BIT:MT)
Aug 10Maire Tecnimont (BIT:MT) Will Want To Turn Around Its Return Trends
Jul 20Maire Tecnimont (BIT:MT) Has A Somewhat Strained Balance Sheet
Jul 05Is Maire Tecnimont S.p.A. (BIT:MT) Potentially Undervalued?
Jun 03A Look At The Fair Value Of Maire Tecnimont S.p.A. (BIT:MT)
May 04Does Maire Tecnimont (BIT:MT) Have A Healthy Balance Sheet?
Apr 06Key Things To Consider Before Buying Maire Tecnimont S.p.A. (BIT:MT) For Its Dividend
Mar 23What Do The Returns On Capital At Maire Tecnimont (BIT:MT) Tell Us?
Mar 10At €2.31, Is It Time To Put Maire Tecnimont S.p.A. (BIT:MT) On Your Watch List?
Feb 17
Reflecting on Maire Tecnimont's (BIT:MT) Share Price Returns Over The Last Three Years
Feb 02Financial Position Analysis
Short Term Liabilities: MAIRE's short term assets (€5.7B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: MAIRE's short term assets (€5.7B) exceed its long term liabilities (€842.3M).
Debt to Equity History and Analysis
Debt Level: MAIRE has more cash than its total debt.
Reducing Debt: MAIRE's debt to equity ratio has reduced from 183% to 150.8% over the past 5 years.
Debt Coverage: MAIRE's debt is well covered by operating cash flow (52.2%).
Interest Coverage: MAIRE's interest payments on its debt are well covered by EBIT (11.2x coverage).