MGI - Media and Games Invest Balance Sheet Health
Financial Health criteria checks 1/6
MGI - Media and Games Invest has a total shareholder equity of €375.9M and total debt of €507.1M, which brings its debt-to-equity ratio to 134.9%. Its total assets and total liabilities are €1.1B and €727.9M respectively. MGI - Media and Games Invest's EBIT is €31.2M making its interest coverage ratio 1. It has cash and short-term investments of €118.4M.
Key information
134.9%
Debt to equity ratio
€507.13m
Debt
| Interest coverage ratio | 1x |
| Cash | €118.42m |
| Equity | €375.95m |
| Total liabilities | €727.86m |
| Total assets | €1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDGI.F's short term assets (€225.0M) exceed its short term liabilities (€220.7M).
Long Term Liabilities: MDGI.F's short term assets (€225.0M) do not cover its long term liabilities (€507.1M).
Debt to Equity History and Analysis
Debt Level: MDGI.F's net debt to equity ratio (103.4%) is considered high.
Reducing Debt: MDGI.F's debt to equity ratio has increased from 70.2% to 134.9% over the past 5 years.
Debt Coverage: MDGI.F's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: MDGI.F's interest payments on its debt are not well covered by EBIT (1x coverage).