This company listing is no longer active
This company may still be operating, however this listing is no longer active. Find out why through their latest events.
Modern Times Group MTG Balance Sheet Health
Financial Health criteria checks 4/6
Key information
28.2%
Debt to equity ratio
kr2.76b
Debt
| Interest coverage ratio | 1.3x |
| Cash | kr894.00m |
| Equity | kr9.80b |
| Total liabilities | kr8.04b |
| Total assets | kr17.84b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MTG IL B's short term assets (SEK4.7B) exceed its short term liabilities (SEK4.3B).
Long Term Liabilities: MTG IL B's short term assets (SEK4.7B) exceed its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: MTG IL B's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: MTG IL B's debt to equity ratio has reduced from 61.7% to 28.2% over the past 5 years.
Debt Coverage: MTG IL B's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: MTG IL B's interest payments on its debt are not well covered by EBIT (1.3x coverage).