Maps Balance Sheet Health
Financial Health criteria checks 6/6
Maps has a total shareholder equity of €24.6M and total debt of €13.5M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are €55.9M and €31.3M respectively. Maps's EBIT is €2.2M making its interest coverage ratio 11.8. It has cash and short-term investments of €7.8M.
Key information
55.1%
Debt to equity ratio
€13.55m
Debt
| Interest coverage ratio | 11.8x |
| Cash | €7.79m |
| Equity | €24.58m |
| Total liabilities | €31.35m |
| Total assets | €55.92m |
Recent financial health updates
Here's Why Maps (BIT:MAPS) Has A Meaningful Debt Burden
Nov 28
Maps (BIT:MAPS) Has A Pretty Healthy Balance Sheet
Jun 03These 4 Measures Indicate That Maps (BIT:MAPS) Is Using Debt Extensively
Jun 04Recent updates
Maps' (BIT:MAPS) Shareholders Have More To Worry About Than Only Soft Earnings
Oct 05At €2.68, Is Maps S.p.A. (BIT:MAPS) Worth Looking At Closely?
May 08Weak Statutory Earnings May Not Tell The Whole Story For Maps (BIT:MAPS)
Apr 05Here's Why Maps (BIT:MAPS) Has A Meaningful Debt Burden
Nov 28Maps S.p.A.'s (BIT:MAPS) Analyst Just Slashed This Year's Estimates
Sep 27Should You Investigate Maps S.p.A. (BIT:MAPS) At €3.38?
Oct 06Maps (BIT:MAPS) Has A Pretty Healthy Balance Sheet
Jun 03Should You Investigate Maps S.p.A. (BIT:MAPS) At €3.36?
Aug 02These 4 Measures Indicate That Maps (BIT:MAPS) Is Using Debt Extensively
Jun 04Is It Too Late To Consider Buying Maps S.p.A. (BIT:MAPS)?
Mar 09Should You Rely On Maps's (BIT:MAPS) Earnings Growth?
Jan 27Here's What To Make Of Maps' (BIT:MAPS) Returns On Capital
Dec 23Calculating The Intrinsic Value Of Maps S.p.A. (BIT:MAPS)
Nov 27Financial Position Analysis
Short Term Liabilities: MAPS's short term assets (€28.1M) exceed its short term liabilities (€15.1M).
Long Term Liabilities: MAPS's short term assets (€28.1M) exceed its long term liabilities (€16.2M).
Debt to Equity History and Analysis
Debt Level: MAPS's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: MAPS's debt to equity ratio has reduced from 109.5% to 55.1% over the past 5 years.
Debt Coverage: MAPS's debt is well covered by operating cash flow (49.5%).
Interest Coverage: MAPS's interest payments on its debt are well covered by EBIT (11.8x coverage).