Maschinenfabrik Heid Balance Sheet Health
Financial Health criteria checks 6/6
Maschinenfabrik Heid has a total shareholder equity of €13.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €15.5M and €2.4M respectively. Maschinenfabrik Heid's EBIT is €3.9M making its interest coverage ratio -32.1. It has cash and short-term investments of €2.1M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -32.1x |
Cash | €2.14m |
Equity | €13.06m |
Total liabilities | €2.43m |
Total assets | €15.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HED's short term assets (€6.0M) exceed its short term liabilities (€2.4M).
Long Term Liabilities: HED has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HED is debt free.
Reducing Debt: HED has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: HED has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HED has no debt, therefore coverage of interest payments is not a concern.