Scandinavian Medical Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Scandinavian Medical Solutions has a total shareholder equity of DKK77.3M and total debt of DKK21.4M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are DKK164.2M and DKK86.9M respectively. Scandinavian Medical Solutions's EBIT is DKK8.5M making its interest coverage ratio 5.1. It has cash and short-term investments of DKK6.1M.
Key information
27.7%
Debt to equity ratio
DKK 21.38m
Debt
Interest coverage ratio | 5.1x |
Cash | DKK 6.14m |
Equity | DKK 77.33m |
Total liabilities | DKK 86.91m |
Total assets | DKK 164.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K41's short term assets (DKK118.7M) exceed its short term liabilities (DKK71.0M).
Long Term Liabilities: K41's short term assets (DKK118.7M) exceed its long term liabilities (DKK15.9M).
Debt to Equity History and Analysis
Debt Level: K41's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if K41's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: K41's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: K41's interest payments on its debt are well covered by EBIT (5.1x coverage).