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MIG Holdings Balance Sheet Health
Financial Health criteria checks 0/6
MIG Holdings has a total shareholder equity of €84.8M and total debt of €962.0M, which brings its debt-to-equity ratio to 1134.4%. Its total assets and total liabilities are €1.2B and €1.2B respectively.
Key information
1,134.4%
Debt to equity ratio
€962.01m
Debt
| Interest coverage ratio | n/a |
| Cash | €74.50m |
| Equity | €84.80m |
| Total liabilities | €1.16b |
| Total assets | €1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRFG.F's short term assets (€256.8M) do not cover its short term liabilities (€286.2M).
Long Term Liabilities: MRFG.F's short term assets (€256.8M) do not cover its long term liabilities (€876.8M).
Debt to Equity History and Analysis
Debt Level: MRFG.F's net debt to equity ratio (1046.6%) is considered high.
Reducing Debt: MRFG.F's debt to equity ratio has increased from 457.1% to 1134.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MRFG.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MRFG.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.