Matica Fintec Balance Sheet Health
Financial Health criteria checks 5/6
Matica Fintec has a total shareholder equity of €15.9M and total debt of €8.6M, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are €29.9M and €14.0M respectively. Matica Fintec's EBIT is €4.1M making its interest coverage ratio 9.4. It has cash and short-term investments of €8.2M.
Key information
54.2%
Debt to equity ratio
€8.61m
Debt
| Interest coverage ratio | 9.4x |
| Cash | €8.18m |
| Equity | €15.89m |
| Total liabilities | €13.97m |
| Total assets | €29.86m |
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
We Think That There Are Some Issues For Matica Fintec (BIT:MFT) Beyond Its Promising Earnings
Oct 07Is It Time To Consider Buying Matica Fintec S.p.A. (BIT:MFT)?
Aug 13Returns On Capital Are Showing Encouraging Signs At Matica Fintec (BIT:MFT)
Jun 21Matica 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 (€21.2M) exceed its short term liabilities (€8.3M).
Long Term Liabilities: MFT's short term assets (€21.2M) exceed its long term liabilities (€5.7M).
Debt to Equity History and Analysis
Debt Level: MFT's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: MFT's debt to equity ratio has reduced from 184.2% to 54.2% over the past 5 years.
Debt Coverage: MFT's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: MFT's interest payments on its debt are well covered by EBIT (9.4x coverage).