Mittel Balance Sheet Health
Financial Health criteria checks 5/6
Mittel has a total shareholder equity of €278.2M and total debt of €12.7M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are €403.6M and €125.4M respectively.
Key information
4.6%
Debt to equity ratio
€12.68m
Debt
| Interest coverage ratio | n/a |
| Cash | €78.32m |
| Equity | €278.23m |
| Total liabilities | €125.39m |
| Total assets | €403.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIT's short term assets (€227.8M) exceed its short term liabilities (€75.1M).
Long Term Liabilities: MIT's short term assets (€227.8M) exceed its long term liabilities (€50.3M).
Debt to Equity History and Analysis
Debt Level: MIT has more cash than its total debt.
Reducing Debt: MIT's debt to equity ratio has reduced from 111.9% to 4.6% over the past 5 years.
Debt Coverage: MIT's debt is well covered by operating cash flow (67%).
Interest Coverage: Insufficient data to determine if MIT's interest payments on its debt are well covered by EBIT.