MLP Group Balance Sheet Health
Financial Health criteria checks 2/6
MLP Group has a total shareholder equity of PLN2.4B and total debt of PLN2.1B, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are PLN5.1B and PLN2.7B respectively. MLP Group's EBIT is PLN178.0M making its interest coverage ratio 4.4. It has cash and short-term investments of PLN344.2M.
Key information
88.2%
Debt to equity ratio
zł2.11b
Debt
| Interest coverage ratio | 4.4x |
| Cash | zł344.25m |
| Equity | zł2.40b |
| Total liabilities | zł2.69b |
| Total assets | zł5.09b |
Recent financial health updates
MLP Group (WSE:MLG) Seems To Use Debt Quite Sensibly
Apr 17
Here's Why MLP Group (WSE:MLG) Can Manage Its Debt Responsibly
Apr 13Recent updates
MLP Group (WSE:MLG) Seems To Use Debt Quite Sensibly
Apr 17Here's Why We Think MLP Group (WSE:MLG) Is Well Worth Watching
May 27Here's Why MLP Group (WSE:MLG) Can Manage Its Debt Responsibly
Apr 13What You Need To Know About MLP Group S.A.'s (WSE:MLG) Investor Composition
Feb 18MLP Group (WSE:MLG) Is Growing Earnings But Are They A Good Guide?
Dec 23
Financial Position Analysis
Short Term Liabilities: MLG's short term assets (PLN411.6M) exceed its short term liabilities (PLN342.3M).
Long Term Liabilities: MLG's short term assets (PLN411.6M) do not cover its long term liabilities (PLN2.4B).
Debt to Equity History and Analysis
Debt Level: MLG's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: MLG's debt to equity ratio has increased from 79.6% to 88.2% over the past 5 years.
Debt Coverage: MLG's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: MLG's interest payments on its debt are well covered by EBIT (4.4x coverage).