MLP Balance Sheet Health
Financial Health criteria checks 5/6
MLP has a total shareholder equity of €511.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €3.7B and €3.2B respectively. MLP's EBIT is €95.3M making its interest coverage ratio 33.1. It has cash and short-term investments of €997.3M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 33.1x |
| Cash | €997.32m |
| Equity | €511.09m |
| Total liabilities | €3.22b |
| Total assets | €3.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLPK.F's short term assets (€3.1B) exceed its short term liabilities (€31.2M).
Long Term Liabilities: MLPK.F's short term assets (€3.1B) do not cover its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: MLPK.F is debt free.
Reducing Debt: MLPK.F had no debt 5 years ago.
Debt Coverage: MLPK.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MLPK.F has no debt, therefore coverage of interest payments is not a concern.