Malta Properties Company p.l.c.

MTSE:MPC Stock Report

Market Cap: €34.4m

Malta Properties Balance Sheet Health

Financial Health criteria checks 2/6

Malta Properties has a total shareholder equity of €56.1M and total debt of €30.6M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are €98.4M and €42.3M respectively. Malta Properties's EBIT is €3.9M making its interest coverage ratio 3.8. It has cash and short-term investments of €2.8M.

Key information

54.6%

Debt to equity ratio

€30.64m

Debt

Interest coverage ratio3.8x
Cash€2.83m
Equity€56.12m
Total liabilities€42.27m
Total assets€98.40m

Recent financial health updates

Recent updates

We Think Malta Properties (MTSE:MPC) Is Taking Some Risk With Its Debt

Aug 13
We Think Malta Properties (MTSE:MPC) Is Taking Some Risk With Its Debt

Malta Properties' (MTSE:MPC) Promising Earnings May Rest On Soft Foundations

Mar 29
Malta Properties' (MTSE:MPC) Promising Earnings May Rest On Soft Foundations

We Think Malta Properties (MTSE:MPC) Is Taking Some Risk With Its Debt

Nov 18
We Think Malta Properties (MTSE:MPC) Is Taking Some Risk With Its Debt

Here's Why Malta Properties (MTSE:MPC) Has A Meaningful Debt Burden

May 06
Here's Why Malta Properties (MTSE:MPC) Has A Meaningful Debt Burden

Is Malta Properties (MTSE:MPC) Using Too Much Debt?

Mar 24
Is Malta Properties (MTSE:MPC) Using Too Much Debt?

What Type Of Returns Would Malta Properties'(MTSE:MPC) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Jan 16
What Type Of Returns Would Malta Properties'(MTSE:MPC) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Is Malta Properties (MTSE:MPC) Using Too Much Debt?

Dec 16
Is Malta Properties (MTSE:MPC) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: MPC's short term assets (€9.5M) exceed its short term liabilities (€4.1M).

Long Term Liabilities: MPC's short term assets (€9.5M) do not cover its long term liabilities (€38.2M).


Debt to Equity History and Analysis

Debt Level: MPC's net debt to equity ratio (49.6%) is considered high.

Reducing Debt: MPC's debt to equity ratio has increased from 39% to 54.6% over the past 5 years.

Debt Coverage: MPC's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: MPC's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


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