Monrif Balance Sheet Health
Financial Health criteria checks 2/6
Monrif has a total shareholder equity of €19.9M and total debt of €67.5M, which brings its debt-to-equity ratio to 338.6%. Its total assets and total liabilities are €186.0M and €166.0M respectively. Monrif's EBIT is €5.5M making its interest coverage ratio 0.8. It has cash and short-term investments of €12.2M.
Key information
338.6%
Debt to equity ratio
€67.46m
Debt
Interest coverage ratio | 0.8x |
Cash | €12.25m |
Equity | €19.92m |
Total liabilities | €166.04m |
Total assets | €185.96m |
Financial Position Analysis
Short Term Liabilities: MON's short term assets (€50.0M) do not cover its short term liabilities (€71.0M).
Long Term Liabilities: MON's short term assets (€50.0M) do not cover its long term liabilities (€95.1M).
Debt to Equity History and Analysis
Debt Level: MON's net debt to equity ratio (277.1%) is considered high.
Reducing Debt: MON's debt to equity ratio has increased from 181.8% to 338.6% 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 1.1% per year.