Met.Extra Group Balance Sheet Health
Financial Health criteria checks 4/6
Met.Extra Group has a total shareholder equity of €28.1M and total debt of €6.3M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are €44.7M and €16.6M respectively. Met.Extra Group's EBIT is €3.3M making its interest coverage ratio 14.6. It has cash and short-term investments of €1.0M.
Key information
22.4%
Debt to equity ratio
€6.30m
Debt
| Interest coverage ratio | 14.6x |
| Cash | €1.03m |
| Equity | €28.09m |
| Total liabilities | €16.61m |
| Total assets | €44.69m |
Recent financial health updates
No updates
Recent updates
Market Still Lacking Some Conviction On Met.Extra Group S.p.A. (BIT:MET)
Sep 18
Lacklustre Performance Is Driving Met.Extra Group S.p.A.'s (BIT:MET) 29% Price Drop
Dec 30Why Investors Shouldn't Be Surprised By Met.Extra Group S.p.A.'s (BIT:MET) 29% Share Price Plunge
Dec 30TitanMet S.p.A. (BIT:MET) Could Be Riskier Than It Looks
Aug 21Financial Position Analysis
Short Term Liabilities: MET's short term assets (€22.1M) exceed its short term liabilities (€13.5M).
Long Term Liabilities: MET's short term assets (€22.1M) exceed its long term liabilities (€3.1M).
Debt to Equity History and Analysis
Debt Level: MET's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: MET's debt to equity ratio has increased from 0.01% to 22.4% over the past 5 years.
Debt Coverage: MET's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: MET's interest payments on its debt are well covered by EBIT (14.6x coverage).