Modern Times Group MTG Balance Sheet Health
Financial Health criteria checks 5/6
Modern Times Group MTG has a total shareholder equity of SEK14.2B and total debt of SEK518.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are SEK18.1B and SEK3.9B respectively. Modern Times Group MTG's EBIT is SEK1.0B making its interest coverage ratio 17.2. It has cash and short-term investments of SEK3.3B.
Key information
3.6%
Debt to equity ratio
SEK 518.00m
Debt
| Interest coverage ratio | 17.2x |
| Cash | SEK 3.33b |
| Equity | SEK 14.21b |
| Total liabilities | SEK 3.94b |
| Total assets | SEK 18.15b |
Recent financial health updates
Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly
Jan 24
Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet
Jul 23Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?
Feb 28These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well
Aug 19These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well
Feb 27Recent updates
Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly
Jan 24Why Modern Times Group MTG AB (publ) (STO:MTG B) Could Be Worth Watching
Jan 06We Think Modern Times Group MTG's (STO:MTG B) Healthy Earnings Might Be Conservative
Nov 03Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet
Jul 23Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?
Feb 28What Does The Future Hold For Modern Times Group Mtg AB (STO:MTG B)? These Analysts Have Been Cutting Their Estimates
Feb 07An Intrinsic Calculation For Modern Times Group Mtg AB (STO:MTG B) Suggests It's 30% Undervalued
Jan 25Is Modern Times Group Mtg AB (STO:MTG B) Trading At A 41% Discount?
Oct 15Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr111?
Sep 18These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well
Aug 19Estimating The Intrinsic Value Of Modern Times Group Mtg AB (STO:MTG B)
Jun 24Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr115?
May 06These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well
Feb 27Is There An Opportunity With Modern Times Group Mtg AB's (STO:MTG B) 33% Undervaluation?
Feb 04Is Modern Times Group Mtg AB (STO:MTG B) Popular Amongst Institutions?
Dec 31Financial Position Analysis
Short Term Liabilities: MTG B's short term assets (SEK4.0B) exceed its short term liabilities (SEK1.9B).
Long Term Liabilities: MTG B's short term assets (SEK4.0B) exceed its long term liabilities (SEK2.1B).
Debt to Equity History and Analysis
Debt Level: MTG B has more cash than its total debt.
Reducing Debt: MTG B's debt to equity ratio has increased from 2.3% to 3.6% over the past 5 years.
Debt Coverage: MTG B's debt is well covered by operating cash flow (248.8%).
Interest Coverage: MTG B's interest payments on its debt are well covered by EBIT (17.2x coverage).