Majorel Group Luxembourg Balance Sheet Health
Financial Health criteria checks 5/6
Majorel Group Luxembourg has a total shareholder equity of €555.0M and total debt of €124.0M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are €1.4B and €852.0M respectively. Majorel Group Luxembourg's EBIT is €212.0M making its interest coverage ratio 30.3. It has cash and short-term investments of €278.0M.
Key information
22.3%
Debt to equity ratio
€124.00m
Debt
| Interest coverage ratio | 30.3x |
| Cash | €278.00m |
| Equity | €555.00m |
| Total liabilities | €852.00m |
| Total assets | €1.41b |
Financial Position Analysis
Short Term Liabilities: MAJ's short term assets (€847.0M) exceed its short term liabilities (€556.0M).
Long Term Liabilities: MAJ's short term assets (€847.0M) exceed its long term liabilities (€296.0M).
Debt to Equity History and Analysis
Debt Level: MAJ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MAJ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAJ's debt is well covered by operating cash flow (220.2%).
Interest Coverage: MAJ's interest payments on its debt are well covered by EBIT (30.3x coverage).