Mister Spex Balance Sheet Health
Financial Health criteria checks 6/6
Mister Spex has a total shareholder equity of €146.5M and total debt of €1.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are €274.9M and €128.4M respectively.
Key information
0.7%
Debt to equity ratio
€1.06m
Debt
| Interest coverage ratio | n/a |
| Cash | €105.61m |
| Equity | €146.52m |
| Total liabilities | €128.38m |
| Total assets | €274.90m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MRX's short term assets (€158.7M) exceed its short term liabilities (€54.5M).
Long Term Liabilities: MRX's short term assets (€158.7M) exceed its long term liabilities (€73.9M).
Debt to Equity History and Analysis
Debt Level: MRX has more cash than its total debt.
Reducing Debt: MRX's debt to equity ratio has reduced from 197.4% to 0.7% over the past 5 years.
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: Whilst unprofitable MRX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MRX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.4% per year.