Mikron Holding Balance Sheet Health
Financial Health criteria checks 6/6
Mikron Holding has a total shareholder equity of CHF203.8M and total debt of CHF2.8M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CHF374.2M and CHF170.4M respectively. Mikron Holding's EBIT is CHF33.3M making its interest coverage ratio -35.7. It has cash and short-term investments of CHF84.0M.
Key information
1.4%
Debt to equity ratio
CHF2.80m
Debt
| Interest coverage ratio | -35.7x |
| Cash | CHF84.02m |
| Equity | CHF203.81m |
| Total liabilities | CHF170.41m |
| Total assets | CHF374.21m |
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 (CHF271.5M) exceed its short term liabilities (CHF157.0M).
Long Term Liabilities: MIKN's short term assets (CHF271.5M) exceed its long term liabilities (CHF13.4M).
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 3.2% to 1.4% over the past 5 years.
Debt Coverage: MIKN's debt is well covered by operating cash flow (374.1%).
Interest Coverage: MIKN earns more interest than it pays, so coverage of interest payments is not a concern.