Medicover Balance Sheet Health
Financial Health criteria checks 3/6
Medicover has a total shareholder equity of €536.2M and total debt of €490.3M, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are €1.8B and €1.3B respectively. Medicover's EBIT is €121.6M making its interest coverage ratio 4.8. It has cash and short-term investments of €128.6M.
Key information
91.4%
Debt to equity ratio
€490.30m
Debt
Interest coverage ratio | 4.8x |
Cash | €128.60m |
Equity | €536.20m |
Total liabilities | €1.25b |
Total assets | €1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCVE.Y's short term assets (€421.6M) exceed its short term liabilities (€409.8M).
Long Term Liabilities: MCVE.Y's short term assets (€421.6M) do not cover its long term liabilities (€843.4M).
Debt to Equity History and Analysis
Debt Level: MCVE.Y's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: MCVE.Y's debt to equity ratio has increased from 19.1% to 91.4% over the past 5 years.
Debt Coverage: MCVE.Y's debt is well covered by operating cash flow (39.7%).
Interest Coverage: MCVE.Y's interest payments on its debt are well covered by EBIT (4.8x coverage).