M&Z Balance Sheet Health
Financial Health criteria checks 5/6
M&Z has a total shareholder equity of €9.7M and total debt of €4.6M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are €19.4M and €9.8M respectively. M&Z's EBIT is €2.9M making its interest coverage ratio 7.9. It has cash and short-term investments of €806.7K.
Key information
48.0%
Debt to equity ratio
€4.64m
Debt
Interest coverage ratio | 7.9x |
Cash | €806.67k |
Equity | €9.65m |
Total liabilities | €9.79m |
Total assets | €19.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZ's short term assets (€15.2M) exceed its short term liabilities (€8.4M).
Long Term Liabilities: MZ's short term assets (€15.2M) exceed its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: MZ's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: MZ's debt to equity ratio has increased from 37.5% to 48% over the past 5 years.
Debt Coverage: MZ's debt is well covered by operating cash flow (39.3%).
Interest Coverage: MZ's interest payments on its debt are well covered by EBIT (7.9x coverage).