MFE-Mediaforeurope Balance Sheet Health
Financial Health criteria checks 4/6
MFE-Mediaforeurope has a total shareholder equity of €2.8B and total debt of €877.5M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are €3.7B and €2.2B respectively. MFE-Mediaforeurope's EBIT is €322.7M making its interest coverage ratio 13.4. It has cash and short-term investments of €452.8M.
Key information
31.8%
Debt to equity ratio
€877.50m
Debt
| Interest coverage ratio | 13.4x |
| Cash | €452.80m |
| Equity | €2.76b |
| Total liabilities | €2.22b |
| Total assets | €3.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFEA N's short term assets (€300.2M) do not cover its short term liabilities (€1.3B).
Long Term Liabilities: MFEA N's short term assets (€300.2M) do not cover its long term liabilities (€926.1M).
Debt to Equity History and Analysis
Debt Level: MFEA N's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: MFEA N's debt to equity ratio has reduced from 40% to 31.8% over the past 5 years.
Debt Coverage: MFEA N's debt is well covered by operating cash flow (87.2%).
Interest Coverage: MFEA N's interest payments on its debt are well covered by EBIT (13.4x coverage).