Matica Fintec Balance Sheet Health
Financial Health criteria checks 6/6
Matica Fintec has a total shareholder equity of €14.5M and total debt of €10.1M, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are €30.2M and €15.7M respectively. Matica Fintec's EBIT is €3.5M making its interest coverage ratio 7.1. It has cash and short-term investments of €11.3M.
Key information
69.5%
Debt to equity ratio
€10.09m
Debt
| Interest coverage ratio | 7.1x |
| Cash | €11.31m |
| Equity | €14.51m |
| Total liabilities | €15.70m |
| Total assets | €30.21m |
Recent financial health updates
Matica Fintec (BIT:MFT) Seems To Use Debt Quite Sensibly
Dec 13
Matica Fintec (BIT:MFT) Seems To Use Debt Quite Sensibly
Jun 16Recent updates
Matica Fintec's (BIT:MFT) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 01Matica Fintec (BIT:MFT) Might Have The Makings Of A Multi-Bagger
Feb 20Estimating The Fair Value Of Matica Fintec S.p.A. (BIT:MFT)
Aug 09Matica Fintec S.p.A.'s (BIT:MFT) Shares Lagging The Market But So Is The Business
Jun 29Is Now The Time To Look At Buying Matica Fintec S.p.A. (BIT:MFT)?
May 26The Matica Fintec S.p.A. (BIT:MFT) Analyst Just Cut Their Revenue Forecast By 13%
Apr 21Matica Fintec (BIT:MFT) Seems To Use Debt Quite Sensibly
Dec 13Is It Time To Consider Buying Matica Fintec S.p.A. (BIT:MFT)?
Oct 05Matica Fintec (BIT:MFT) Seems To Use Debt Quite Sensibly
Jun 16Returns At Matica Fintec (BIT:MFT) Are On The Way Up
May 26Matica Fintec's (BIT:MFT) Strong Earnings Are Of Good Quality
Apr 14Returns On Capital Are Showing Encouraging Signs At Matica Fintec (BIT:MFT)
Oct 03Matica Fintec's (BIT:MFT) Returns On Capital Are Heading Higher
Jun 07Estimating The Intrinsic Value Of Matica Fintec S.p.A. (BIT:MFT)
Mar 26Is Matica Fintec (BIT:MFT) A Future Multi-bagger?
Feb 18
Can Matica Fintec S.p.A. (BIT:MFT) Improve Its Returns?
Jan 15Calculating The Intrinsic Value Of Matica Fintec S.p.A. (BIT:MFT)
Dec 11Financial Position Analysis
Short Term Liabilities: MFT's short term assets (€21.6M) exceed its short term liabilities (€8.5M).
Long Term Liabilities: MFT's short term assets (€21.6M) exceed its long term liabilities (€7.1M).
Debt to Equity History and Analysis
Debt Level: MFT has more cash than its total debt.
Reducing Debt: MFT's debt to equity ratio has reduced from 183.3% to 69.5% over the past 5 years.
Debt Coverage: MFT's debt is well covered by operating cash flow (23.4%).
Interest Coverage: MFT's interest payments on its debt are well covered by EBIT (7.1x coverage).