Medigene Balance Sheet Health
Financial Health criteria checks 6/6
Medigene has a total shareholder equity of €21.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €31.7M and €10.7M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €16.67m |
Equity | €21.07m |
Total liabilities | €10.65m |
Total assets | €31.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDG1's short term assets (€18.1M) exceed its short term liabilities (€7.2M).
Long Term Liabilities: MDG1's short term assets (€18.1M) exceed its long term liabilities (€3.5M).
Debt to Equity History and Analysis
Debt Level: MDG1 is debt free.
Reducing Debt: MDG1 had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MDG1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MDG1 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 17.6% each year.