Mayr-Melnhof Karton Balance Sheet Health
Financial Health criteria checks 3/6
Mayr-Melnhof Karton has a total shareholder equity of €2.0B and total debt of €1.8B, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are €5.0B and €2.9B respectively. Mayr-Melnhof Karton's EBIT is €152.9M making its interest coverage ratio 3.1. It has cash and short-term investments of €614.3M.
Key information
87.5%
Debt to equity ratio
€1.79b
Debt
| Interest coverage ratio | 3.1x |
| Cash | €614.29m |
| Equity | €2.04b |
| Total liabilities | €2.94b |
| Total assets | €4.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNHF.F's short term assets (€1.8B) exceed its short term liabilities (€990.2M).
Long Term Liabilities: MNHF.F's short term assets (€1.8B) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: MNHF.F's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: MNHF.F's debt to equity ratio has increased from 29.6% to 87.5% over the past 5 years.
Debt Coverage: MNHF.F's debt is well covered by operating cash flow (46.8%).
Interest Coverage: MNHF.F's interest payments on its debt are well covered by EBIT (3.1x coverage).