MedCap Balance Sheet Health
Financial Health criteria checks 6/6
MedCap has a total shareholder equity of SEK1.1B and total debt of SEK107.9M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are SEK1.8B and SEK673.5M respectively. MedCap's EBIT is SEK266.3M making its interest coverage ratio 32.1. It has cash and short-term investments of SEK229.9M.
Key information
9.8%
Debt to equity ratio
kr107.90m
Debt
Interest coverage ratio | 32.1x |
Cash | kr229.90m |
Equity | kr1.10b |
Total liabilities | kr673.50m |
Total assets | kr1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 61MA's short term assets (SEK833.5M) exceed its short term liabilities (SEK372.4M).
Long Term Liabilities: 61MA's short term assets (SEK833.5M) exceed its long term liabilities (SEK301.1M).
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 44.4% to 9.8% over the past 5 years.
Debt Coverage: 61MA's debt is well covered by operating cash flow (248.3%).
Interest Coverage: 61MA's interest payments on its debt are well covered by EBIT (32.1x coverage).