Motor Oil (Hellas) Corinth Refineries Balance Sheet Health
Financial Health criteria checks 5/6
Motor Oil (Hellas) Corinth Refineries has a total shareholder equity of €2.7B and total debt of €2.5B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are €7.7B and €4.9B respectively. Motor Oil (Hellas) Corinth Refineries's EBIT is €1.2B making its interest coverage ratio 16.5. It has cash and short-term investments of €1.5B.
Key information
91.4%
Debt to equity ratio
€2.51b
Debt
Interest coverage ratio | 16.5x |
Cash | €1.50b |
Equity | €2.74b |
Total liabilities | €4.94b |
Total assets | €7.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOHC.F's short term assets (€3.5B) exceed its short term liabilities (€2.1B).
Long Term Liabilities: MOHC.F's short term assets (€3.5B) exceed its long term liabilities (€2.9B).
Debt to Equity History and Analysis
Debt Level: MOHC.F's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: MOHC.F's debt to equity ratio has increased from 81.9% to 91.4% over the past 5 years.
Debt Coverage: MOHC.F's debt is well covered by operating cash flow (68.4%).
Interest Coverage: MOHC.F's interest payments on its debt are well covered by EBIT (16.5x coverage).