Mayr-Melnhof Karton Balance Sheet Health
Financial Health criteria checks 3/6
Mayr-Melnhof Karton has a total shareholder equity of €2.0B and total debt of €1.8B, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are €4.9B and €2.9B respectively. Mayr-Melnhof Karton's EBIT is €476.9M making its interest coverage ratio 19.3. It has cash and short-term investments of €238.2M.
Key information
89.0%
Debt to equity ratio
€1.77b
Debt
Interest coverage ratio | 19.3x |
Cash | €238.21m |
Equity | €1.99b |
Total liabilities | €2.89b |
Total assets | €4.89b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMK N's short term assets (€2.0B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: MMK N's short term assets (€2.0B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: MMK N's net debt to equity ratio (77%) is considered high.
Reducing Debt: MMK N's debt to equity ratio has increased from 15.6% to 89% over the past 5 years.
Debt Coverage: MMK N's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: MMK N's interest payments on its debt are well covered by EBIT (19.3x coverage).