Is The Magnum Ice Cream financially healthy?
Mostly
The Magnum Ice Cream would need 2.6 years of earnings to pay off its debt, which is manageable.
The numbers behind it
Net debt / EBITDA2.6 years
Cash vs. debt$441M vs. $3.3B
Current ratio1.0×Short-term assets for each $1 of bills due within a year
Interest coverage4.3×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about The Magnum Ice Cream
Data as of Nov 13, 2026.