Mikron Holding Balance Sheet Health
Financial Health criteria checks 6/6
Mikron Holding has a total shareholder equity of CHF213.7M and total debt of CHF3.4M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CHF374.7M and CHF161.0M respectively. Mikron Holding's EBIT is CHF33.7M making its interest coverage ratio -13.7. It has cash and short-term investments of CHF92.6M.
Key information
1.6%
Debt to equity ratio
CHF 3.44m
Debt
| Interest coverage ratio | -13.7x |
| Cash | CHF 92.58m |
| Equity | CHF 213.71m |
| Total liabilities | CHF 161.02m |
| Total assets | CHF 374.72m |
Recent financial health updates
Here's Why Mikron Holding (VTX:MIKN) Can Manage Its Debt Responsibly
Jun 19
Does Mikron Holding (VTX:MIKN) Have A Healthy Balance Sheet?
Jun 09Recent updates
Concerns Surrounding Mikron Holding's (VTX:MIKN) Performance
Mar 13Mikron Holding (VTX:MIKN) Will Pay A Larger Dividend Than Last Year At CHF0.50
Mar 11Mikron Holding (VTX:MIKN) Is Paying Out A Larger Dividend Than Last Year
Apr 05Mikron Holding (VTX:MIKN) Will Pay A Larger Dividend Than Last Year At CHF0.40
Mar 13Does Mikron Holding (VTX:MIKN) Deserve A Spot On Your Watchlist?
Feb 21Here's Why Mikron Holding (VTX:MIKN) Can Manage Its Debt Responsibly
Jun 19Shareholders Will Be Pleased With The Quality of Mikron Holding's (VTX:MIKN) Earnings
Mar 19Does Mikron Holding (VTX:MIKN) Have A Healthy Balance Sheet?
Jun 09Financial Position Analysis
Short Term Liabilities: MIKN's short term assets (CHF269.2M) exceed its short term liabilities (CHF147.1M).
Long Term Liabilities: MIKN's short term assets (CHF269.2M) exceed its long term liabilities (CHF13.9M).
Debt to Equity History and Analysis
Debt Level: MIKN has more cash than its total debt.
Reducing Debt: MIKN's debt to equity ratio has reduced from 6.6% to 1.6% over the past 5 years.
Debt Coverage: MIKN's debt is well covered by operating cash flow (85.3%).
Interest Coverage: MIKN earns more interest than it pays, so coverage of interest payments is not a concern.