Mips Balance Sheet Health
Financial Health criteria checks 6/6
Mips has a total shareholder equity of SEK671.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK751.0M and SEK80.0M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr400.00m |
Equity | kr671.00m |
Total liabilities | kr80.00m |
Total assets | kr751.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7M1's short term assets (SEK579.0M) exceed its short term liabilities (SEK57.0M).
Long Term Liabilities: 7M1's short term assets (SEK579.0M) exceed its long term liabilities (SEK23.0M).
Debt to Equity History and Analysis
Debt Level: 7M1 is debt free.
Reducing Debt: 7M1 had no debt 5 years ago.
Debt Coverage: 7M1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7M1 has no debt, therefore coverage of interest payments is not a concern.