MedCap Balance Sheet Health
Financial Health criteria checks 6/6
MedCap has a total shareholder equity of SEK1.2B and total debt of SEK75.9M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are SEK1.9B and SEK696.1M respectively. MedCap's EBIT is SEK277.3M making its interest coverage ratio 40.2. It has cash and short-term investments of SEK287.7M.
Key information
6.3%
Debt to equity ratio
SEK 75.90m
Debt
| Interest coverage ratio | 40.2x |
| Cash | SEK 287.70m |
| Equity | SEK 1.20b |
| Total liabilities | SEK 696.10m |
| Total assets | SEK 1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 61MA's short term assets (SEK873.7M) exceed its short term liabilities (SEK331.9M).
Long Term Liabilities: 61MA's short term assets (SEK873.7M) exceed its long term liabilities (SEK364.2M).
Debt to Equity History and Analysis
Debt Level: 61MA has more cash than its total debt.
Reducing Debt: 61MA's debt to equity ratio has reduced from 40.9% to 6.3% over the past 5 years.
Debt Coverage: 61MA's debt is well covered by operating cash flow (406.2%).
Interest Coverage: 61MA's interest payments on its debt are well covered by EBIT (40.2x coverage).