MGI - Media and Games Invest Balance Sheet Health
Financial Health criteria checks 0/6
MGI - Media and Games Invest has a total shareholder equity of €352.5M and total debt of €414.5M, which brings its debt-to-equity ratio to 117.6%. Its total assets and total liabilities are €1.0B and €654.6M respectively. MGI - Media and Games Invest's EBIT is €29.6M making its interest coverage ratio 0.6. It has cash and short-term investments of €154.7M.
Key information
117.6%
Debt to equity ratio
€414.55m
Debt
Interest coverage ratio | 0.6x |
Cash | €154.71m |
Equity | €352.46m |
Total liabilities | €654.57m |
Total assets | €1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M8G's short term assets (€193.5M) do not cover its short term liabilities (€240.8M).
Long Term Liabilities: M8G's short term assets (€193.5M) do not cover its long term liabilities (€413.8M).
Debt to Equity History and Analysis
Debt Level: M8G's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: M8G's debt to equity ratio has increased from 15.7% to 117.6% over the past 5 years.
Debt Coverage: M8G's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: M8G's interest payments on its debt are not well covered by EBIT (0.6x coverage).