Mecanica Fina Balance Sheet Health
Financial Health criteria checks 1/6
Mecanica Fina has a total shareholder equity of RON191.7M and total debt of RON43.2M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are RON277.0M and RON85.3M respectively. Mecanica Fina's EBIT is RON2.9M making its interest coverage ratio 1. It has cash and short-term investments of RON841.4K.
Key information
22.5%
Debt to equity ratio
RON43.20m
Debt
| Interest coverage ratio | 1x |
| Cash | RON841.38k |
| Equity | RON191.66m |
| Total liabilities | RON85.32m |
| Total assets | RON276.98m |
Recent financial health updates
Here's Why Mecanica Fina (BVB:MECE) Has A Meaningful Debt Burden
Nov 07
Is Mecanica Fina (BVB:MECE) A Risky Investment?
Dec 17Mecanica Fina (BVB:MECE) Use Of Debt Could Be Considered Risky
Apr 19Recent updates
Here's Why Mecanica Fina (BVB:MECE) Has A Meaningful Debt Burden
Nov 07Is Mecanica Fina (BVB:MECE) A Risky Investment?
Dec 17Mecanica Fina SA's (BVB:MECE) Price Is Out Of Tune With Earnings
Nov 28Mecanica Fina (BVB:MECE) Use Of Debt Could Be Considered Risky
Apr 19We Wouldn't Rely On Mecanica Fina's (BVB:MECE) Statutory Earnings As A Guide
Jan 04Financial Position Analysis
Short Term Liabilities: MECE's short term assets (RON9.6M) do not cover its short term liabilities (RON11.7M).
Long Term Liabilities: MECE's short term assets (RON9.6M) do not cover its long term liabilities (RON73.7M).
Debt to Equity History and Analysis
Debt Level: MECE's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: MECE's debt to equity ratio has increased from 14.6% to 22.5% over the past 5 years.
Debt Coverage: MECE's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: MECE's interest payments on its debt are not well covered by EBIT (1x coverage).