Malta Properties Balance Sheet Health
Financial Health criteria checks 2/6
Malta Properties has a total shareholder equity of €56.4M and total debt of €31.1M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are €99.1M and €42.7M respectively. Malta Properties's EBIT is €3.5M making its interest coverage ratio 3.3. It has cash and short-term investments of €3.2M.
Key information
55.1%
Debt to equity ratio
€31.09m
Debt
| Interest coverage ratio | 3.3x |
| Cash | €3.23m |
| Equity | €56.39m |
| Total liabilities | €42.69m |
| Total assets | €99.08m |
Recent financial health updates
We Think Malta Properties (MTSE:MPC) Is Taking Some Risk With Its Debt
Nov 18
Here's Why Malta Properties (MTSE:MPC) Has A Meaningful Debt Burden
May 06Is Malta Properties (MTSE:MPC) Using Too Much Debt?
Mar 24Is Malta Properties (MTSE:MPC) Using Too Much Debt?
Dec 16Recent updates
Malta Properties' (MTSE:MPC) Promising Earnings May Rest On Soft Foundations
Mar 29We Think Malta Properties (MTSE:MPC) Is Taking Some Risk With Its Debt
Nov 18Here's Why Malta Properties (MTSE:MPC) Has A Meaningful Debt Burden
May 06Is Malta Properties (MTSE:MPC) Using Too Much Debt?
Mar 24What Type Of Returns Would Malta Properties'(MTSE:MPC) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 16
Is Malta Properties (MTSE:MPC) Using Too Much Debt?
Dec 16Financial Position Analysis
Short Term Liabilities: MPC's short term assets (€10.8M) exceed its short term liabilities (€4.1M).
Long Term Liabilities: MPC's short term assets (€10.8M) do not cover its long term liabilities (€38.6M).
Debt to Equity History and Analysis
Debt Level: MPC's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: MPC's debt to equity ratio has increased from 37.1% to 55.1% over the past 5 years.
Debt Coverage: MPC's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: MPC's interest payments on its debt are well covered by EBIT (3.3x coverage).