Midsona Balance Sheet Health
Financial Health criteria checks 5/6
Midsona has a total shareholder equity of SEK3.0B and total debt of SEK609.0M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are SEK4.5B and SEK1.5B respectively. Midsona's EBIT is SEK112.0M making its interest coverage ratio 2.7. It has cash and short-term investments of SEK84.0M.
Key information
20.2%
Debt to equity ratio
SEK 609.00m
Debt
| Interest coverage ratio | 2.7x |
| Cash | SEK 84.00m |
| Equity | SEK 3.02b |
| Total liabilities | SEK 1.52b |
| Total assets | SEK 4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KF's short term assets (SEK1.2B) exceed its short term liabilities (SEK710.0M).
Long Term Liabilities: 9KF's short term assets (SEK1.2B) exceed its long term liabilities (SEK805.0M).
Debt to Equity History and Analysis
Debt Level: 9KF's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: 9KF's debt to equity ratio has reduced from 76.8% to 20.2% over the past 5 years.
Debt Coverage: 9KF's debt is well covered by operating cash flow (33%).
Interest Coverage: 9KF's interest payments on its debt are not well covered by EBIT (2.7x coverage).