Mowi Balance Sheet Health
Financial Health criteria checks 4/6
Mowi has a total shareholder equity of €3.8B and total debt of €2.1B, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are €8.2B and €4.5B respectively. Mowi's EBIT is €980.7M making its interest coverage ratio 9.2. It has cash and short-term investments of €292.1M.
Key information
55.8%
Debt to equity ratio
€2.09b
Debt
Interest coverage ratio | 9.2x |
Cash | €292.10m |
Equity | €3.75b |
Total liabilities | €4.48b |
Total assets | €8.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHGV.Y's short term assets (€4.0B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: MHGV.Y's short term assets (€4.0B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: MHGV.Y's net debt to equity ratio (48%) is considered high.
Reducing Debt: MHGV.Y's debt to equity ratio has increased from 41.7% to 55.8% over the past 5 years.
Debt Coverage: MHGV.Y's debt is well covered by operating cash flow (47.4%).
Interest Coverage: MHGV.Y's interest payments on its debt are well covered by EBIT (9.2x coverage).