MAG Interactive Balance Sheet Health
Financial Health criteria checks 6/6
MAG Interactive has a total shareholder equity of SEK330.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK407.5M and SEK77.4M respectively. MAG Interactive's EBIT is SEK6.6M making its interest coverage ratio -4.6. It has cash and short-term investments of SEK110.4M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | -4.6x |
| Cash | kr110.36m |
| Equity | kr330.11m |
| Total liabilities | kr77.37m |
| Total assets | kr407.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHK's short term assets (SEK157.7M) exceed its short term liabilities (SEK44.9M).
Long Term Liabilities: MHK's short term assets (SEK157.7M) exceed its long term liabilities (SEK32.5M).
Debt to Equity History and Analysis
Debt Level: MHK is debt free.
Reducing Debt: MHK has no debt compared to 5 years ago when its debt to equity ratio was 7%.
Debt Coverage: MHK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MHK has no debt, therefore coverage of interest payments is not a concern.