Mersen Balance Sheet Health
Financial Health criteria checks 5/6
Mersen has a total shareholder equity of €694.0M and total debt of €338.4M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are €1.4B and €745.4M respectively. Mersen's EBIT is €120.8M making its interest coverage ratio 11.8. It has cash and short-term investments of €97.7M.
Key information
48.8%
Debt to equity ratio
€338.40m
Debt
Interest coverage ratio | 11.8x |
Cash | €97.70m |
Equity | €694.00m |
Total liabilities | €745.40m |
Total assets | €1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBLN.Y's short term assets (€594.0M) exceed its short term liabilities (€353.7M).
Long Term Liabilities: CBLN.Y's short term assets (€594.0M) exceed its long term liabilities (€391.7M).
Debt to Equity History and Analysis
Debt Level: CBLN.Y's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: CBLN.Y's debt to equity ratio has increased from 44.8% to 48.8% over the past 5 years.
Debt Coverage: CBLN.Y's debt is well covered by operating cash flow (31.2%).
Interest Coverage: CBLN.Y's interest payments on its debt are well covered by EBIT (11.8x coverage).