BMIT Technologies p.l.c.

MTSE:BMIT Stock Report

Market Cap: €71.3m

BMIT Technologies Balance Sheet Health

Financial Health criteria checks 1/6

BMIT Technologies has a total shareholder equity of €10.8M and total debt of €48.3M, which brings its debt-to-equity ratio to 448.5%. Its total assets and total liabilities are €80.7M and €69.9M respectively. BMIT Technologies's EBIT is €8.0M making its interest coverage ratio 24.7. It has cash and short-term investments of €3.8M.

Key information

448.5%

Debt to equity ratio

€48.34m

Debt

Interest coverage ratio24.7x
Cash€3.75m
Equity€10.78m
Total liabilities€69.87m
Total assets€80.65m

Recent financial health updates

Recent updates

Here's Why Shareholders Should Examine BMIT Technologies p.l.c.'s (MTSE:BMIT) CEO Compensation Package More Closely

May 22
Here's Why Shareholders Should Examine BMIT Technologies p.l.c.'s (MTSE:BMIT) CEO Compensation Package More Closely

Earnings Troubles May Signal Larger Issues for BMIT Technologies (MTSE:BMIT) Shareholders

Mar 18
Earnings Troubles May Signal Larger Issues for BMIT Technologies (MTSE:BMIT) Shareholders

BMIT Technologies (MTSE:BMIT) Is Reducing Its Dividend To €0.025

Apr 02
BMIT Technologies (MTSE:BMIT) Is Reducing Its Dividend To €0.025

Estimating The Intrinsic Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

May 16
Estimating The Intrinsic Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

Should You Buy BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend?

Apr 06
Should You Buy BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend?

Is BMIT Technologies (MTSE:BMIT) Using Too Much Debt?

Mar 11
Is BMIT Technologies (MTSE:BMIT) Using Too Much Debt?

Estimating The Fair Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

Feb 13
Estimating The Fair Value Of BMIT Technologies p.l.c. (MTSE:BMIT)

Three Things You Should Check Before Buying BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend

Dec 28
Three Things You Should Check Before Buying BMIT Technologies p.l.c. (MTSE:BMIT) For Its Dividend

Here's Why We Don't Think BMIT Technologies's (MTSE:BMIT) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 10
Here's Why We Don't Think BMIT Technologies's (MTSE:BMIT) Statutory Earnings Reflect Its Underlying Earnings Potential

We Think BMIT Technologies (MTSE:BMIT) Can Stay On Top Of Its Debt

Nov 19
We Think BMIT Technologies (MTSE:BMIT) Can Stay On Top Of Its Debt

Financial Position Analysis

Short Term Liabilities: BMIT's short term assets (€15.9M) do not cover its short term liabilities (€17.1M).

Long Term Liabilities: BMIT's short term assets (€15.9M) do not cover its long term liabilities (€52.8M).


Debt to Equity History and Analysis

Debt Level: BMIT's net debt to equity ratio (413.7%) is considered high.

Reducing Debt: BMIT's debt to equity ratio has increased from 0% to 448.5% over the past 5 years.

Debt Coverage: BMIT's debt is not well covered by operating cash flow (11%).

Interest Coverage: BMIT's interest payments on its debt are well covered by EBIT (24.7x coverage).


Balance Sheet


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