Mersen Balance Sheet Health
Financial Health criteria checks 6/6
Mersen has a total shareholder equity of €817.7M and total debt of €276.9M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are €1.5B and €717.8M respectively. Mersen's EBIT is €135.5M making its interest coverage ratio 8.2. It has cash and short-term investments of €64.5M.
Key information
33.9%
Debt to equity ratio
€276.90m
Debt
Interest coverage ratio | 8.2x |
Cash | €64.50m |
Equity | €817.70m |
Total liabilities | €717.80m |
Total assets | €1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBLN.F's short term assets (€581.0M) exceed its short term liabilities (€327.3M).
Long Term Liabilities: CBLN.F's short term assets (€581.0M) exceed its long term liabilities (€390.5M).
Debt to Equity History and Analysis
Debt Level: CBLN.F's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: CBLN.F's debt to equity ratio has reduced from 50% to 33.9% over the past 5 years.
Debt Coverage: CBLN.F's debt is well covered by operating cash flow (64.8%).
Interest Coverage: CBLN.F's interest payments on its debt are well covered by EBIT (8.2x coverage).