Malita Investments Balance Sheet Health
Financial Health criteria checks 1/6
Malita Investments has a total shareholder equity of €167.0M and total debt of €89.6M, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are €293.0M and €126.0M respectively. Malita Investments's EBIT is €8.8M making its interest coverage ratio -5.8. It has cash and short-term investments of €4.8M.
Key information
53.6%
Debt to equity ratio
€89.59m
Debt
Interest coverage ratio | -5.8x |
Cash | €4.79m |
Equity | €167.02m |
Total liabilities | €125.97m |
Total assets | €293.00m |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Malita Investments' (MTSE:MLT) Performance
Apr 26Malita Investments (MTSE:MLT) Is Due To Pay A Dividend Of €0.011
Aug 27Calculating The Fair Value Of Malita Investments p.l.c. (MTSE:MLT)
Feb 08Does Malita Investments' (MTSE:MLT) Share Price Gain of 27% Match Its Business Performance?
Dec 16Financial Position Analysis
Short Term Liabilities: MLT's short term assets (€5.6M) do not cover its short term liabilities (€12.3M).
Long Term Liabilities: MLT's short term assets (€5.6M) do not cover its long term liabilities (€113.6M).
Debt to Equity History and Analysis
Debt Level: MLT's net debt to equity ratio (50.8%) is considered high.
Reducing Debt: MLT's debt to equity ratio has increased from 34.3% to 53.6% over the past 5 years.
Debt Coverage: MLT's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: MLT earns more interest than it pays, so coverage of interest payments is not a concern.