MAS Balance Sheet Health

Financial Health criteria checks 3/6

MAS has a total shareholder equity of €1.0B and total debt of €421.4M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are €1.5B and €492.4M respectively. MAS's EBIT is €47.4M making its interest coverage ratio -5.5. It has cash and short-term investments of €81.8M.

Key information

40.8%

Debt to equity ratio

€421.44m

Debt

Interest coverage ratio	-5.5x
Cash	€81.79m
Equity	€1.03b
Total liabilities	€492.44m
Total assets	€1.53b

Recent financial health updates

We Think MAS Real Estate (JSE:MSP) Is Taking Some Risk With Its Debt

Feb 28

Recent updates

MAS Real Estate's (JSE:MSP) Shareholders May Want To Dig Deeper Than Statutory Profit

Sep 07

Insider Buying: The MAS Real Estate Inc. (JSE:MSP) Independent Non-Executive Director Just Bought 73% More Shares

Mar 03

We Think MAS Real Estate (JSE:MSP) Is Taking Some Risk With Its Debt

Feb 28

How Much Of MAS Real Estate Inc. (JSE:MSP) Do Institutions Own?

Jan 26

Need To Know: MAS Real Estate Inc. (JSE:MSP) Insiders Have Been Buying Shares

Dec 21

MAS Real Estate (JSE:MSP) Share Prices Have Dropped 68% In The Last Three Years

Nov 25

Financial Position Analysis

Short Term Liabilities: MSP's short term assets (€112.0M) exceed its short term liabilities (€36.1M).

Long Term Liabilities: MSP's short term assets (€112.0M) do not cover its long term liabilities (€456.4M).

Debt to Equity History and Analysis

Debt Level: MSP's net debt to equity ratio (32.9%) is considered satisfactory.

Reducing Debt: MSP's debt to equity ratio has increased from 39.3% to 40.8% over the past 5 years.

Debt Coverage: MSP's debt is not well covered by operating cash flow (19.8%).

Interest Coverage: MSP earns more interest than it pays, so coverage of interest payments is not a concern.

MAS Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

We Think MAS Real Estate (JSE:MSP) Is Taking Some Risk With Its Debt

Recent updates

First half 2024 earnings released: EPS: €0.10 (vs €0.087 in 1H 2023)

Now 20% undervalued after recent price drop

CFO & Executive Director recently bought R2.1m worth of stock

MAS P.L.C. Announce Announces Resignation of Pierre Goosen as Independent Non-Executive Director

At R15.65, Is MAS P.L.C. (JSE:MSP) Worth Looking At Closely?

MAS P.L.C., Annual General Meeting, Dec 07, 2023

MAS P.L.C. Appoints Stefan Briffa as Executive Director

Now 21% undervalued after recent price drop

Independent Non-Executive Director recently bought R2.6m worth of stock

Investor sentiment deteriorates as stock falls 15%

MAS P.L.C. to Report Second Half, 2023 Results on Sep 04, 2023

Full year 2023 earnings released

Now 21% undervalued after recent price drop

Now 21% undervalued

Is Now The Time To Look At Buying MAS P.L.C. (JSE:MSP)?

Now 21% undervalued

Independent Non-Executive Director recently bought R782k worth of stock

Upcoming dividend of R0.85 per share at 8.5% yield

First half 2023 earnings released

MAS P.L.C. Announces Board Changes

High number of new directors

MAS P.L.C., Annual General Meeting, Dec 05, 2022

Should You Investigate MAS P.L.C. (JSE:MSP) At R20.00?

Independent Non-Executive Director recently bought R545k worth of stock

Independent Non-Executive Chairman recently bought R1.0m worth of stock

Upcoming dividend of €0.038 per share

Full year 2022 earnings released: EPS: €0.19 (vs €0.093 in FY 2021)

High number of new directors

MAS P.L.C. (JSE:MSP) acquired six commercial retail centers in Romania from PKM Developments Limited.

Upcoming dividend of €0.03 per share

At R20.10, Is MAS P.L.C. (JSE:MSP) Worth Looking At Closely?

First half 2022 earnings: EPS in line with expectations, revenues disappoint

MAS P.L.C. Approves Dividend for the Six Months Ended 31 December 2021

Insider recently bought R972k worth of stock

CFO, Deputy CEO & Director recently bought R2.0m worth of stock

Is There Now An Opportunity In MAS Real Estate Inc. (JSE:MSP)?

Independent Non-Executive Director recently bought R940k worth of stock

Upcoming dividend of €0.059 per share

MAS Real Estate's (JSE:MSP) Shareholders May Want To Dig Deeper Than Statutory Profit

Full year 2021 earnings released

UII EuropeanM backed by Union Investment Real Estate GmbH acquired Bank of Scotland office building in Edinburgh from MAS Real Estate Inc. (JSE:MSP).

Insider Buying: The MAS Real Estate Inc. (JSE:MSP) Independent Non-Executive Director Just Bought 73% More Shares

Independent Non-Executive Director recently bought R894k worth of stock

First half 2021 earnings released: EPS €0.036 (vs €0.081 in 1H 2020)

We Think MAS Real Estate (JSE:MSP) Is Taking Some Risk With Its Debt

MAS Real Estate Inc. Appoints Irina Grigore as CFO

New 90-day high: R13.69

New 90-day high: R13.50

How Much Of MAS Real Estate Inc. (JSE:MSP) Do Institutions Own?

New 90-day high: R12.93

Need To Know: MAS Real Estate Inc. (JSE:MSP) Insiders Have Been Buying Shares

New 90-day high: R12.38

MAS Real Estate (JSE:MSP) Share Prices Have Dropped 68% In The Last Three Years

New 90-day low: R9.60

New 90-day low: R9.75

MAS Real Estate Inc.(JSE:MSP) dropped from FTSE All-World Index (USD)

Full year earnings released

New 90-day low - R10.40

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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