Mayr-Melnhof Karton AG

Vienna Stock Exchange MMK.VI

Mayr-Melnhof Karton AG Debt to Equity Ratio for the year ending December 31, 2023: 1.01

Mayr-Melnhof Karton AG Debt to Equity Ratio is 1.01 for the year ending December 31, 2023, a 11.61% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Mayr-Melnhof Karton AG Debt to Equity Ratio for the year ending December 31, 2022 was 0.90, a 4.91% change year over year.
Mayr-Melnhof Karton AG Debt to Equity Ratio for the year ending December 31, 2021 was 0.86, a 393.82% change year over year.
Mayr-Melnhof Karton AG Debt to Equity Ratio for the year ending December 31, 2020 was 0.17, a -24.26% change year over year.
Mayr-Melnhof Karton AG Debt to Equity Ratio for the year ending December 31, 2019 was 0.23, a 50.09% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Vienna Stock Exchange: MMK.VI

Mayr-Melnhof Karton AG

CEO	Mr. Peter Josef Oswald
IPO Date	April 22, 1994
Location	Austria
Headquarters	Brahmsplatz 6
Employees	14,710
Sector	Materials
Industries Containers & Packaging Consumer Packaged Goods Food & Beverages Paper & Forest Products Plastics

Description

Mayr-Melnhof Karton AG manufactures and sells cartonboard and folding cartons in Europe and internationally. It operates in two segments, MM Board & Paper and MM Packaging. The MM Board & Paper segment manufactures and markets various grades of cartonboard products, such as coated cartonboard produced from paper for recycling, as well as virgin fiber based cartonboard. Its cartonboard is used as a raw material in the production of folding carton packaging; and for food packaging, as well as packaging for household and hygiene products. This segment primarily serves printing businesses in the fragmented folding carton industry. The MM Packaging segment processes cartonboard into folding cartons primarily for food industry, as well as for other consumer goods industries; and for the markets of packages for cigarettes, detergents, pharmaceuticals, personal care, and luxury products. Mayr-Melnhof Karton AG was founded in 1950 and is based in Vienna, Austria.

Key trends

Past 5 years