Monrif Balance Sheet Health
Financial Health criteria checks 2/6
Monrif has a total shareholder equity of €17.4M and total debt of €104.4M, which brings its debt-to-equity ratio to 600.8%. Its total assets and total liabilities are €172.8M and €155.4M respectively. Monrif's EBIT is €7.7M making its interest coverage ratio 1.3. It has cash and short-term investments of €12.2M.
Key information
600.8%
Debt to equity ratio
€104.39m
Debt
| Interest coverage ratio | 1.3x |
| Cash | €12.16m |
| Equity | €17.37m |
| Total liabilities | €155.38m |
| Total assets | €172.75m |
Financial Position Analysis
Short Term Liabilities: MON's short term assets (€41.8M) do not cover its short term liabilities (€63.6M).
Long Term Liabilities: MON's short term assets (€41.8M) do not cover its long term liabilities (€91.7M).
Debt to Equity History and Analysis
Debt Level: MON's net debt to equity ratio (530.9%) is considered high.
Reducing Debt: MON's debt to equity ratio has increased from 199.7% to 600.8% 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: Whilst unprofitable MON has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MON is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.1% per year.