Mycronic Balance Sheet Health
Financial Health criteria checks 6/6
Mycronic has a total shareholder equity of SEK5.8B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK9.0B and SEK3.2B respectively. Mycronic's EBIT is SEK1.7B making its interest coverage ratio -40.7. It has cash and short-term investments of SEK2.8B.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | -40.7x |
Cash | kr2.84b |
Equity | kr5.83b |
Total liabilities | kr3.20b |
Total assets | kr9.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLT's short term assets (SEK5.9B) exceed its short term liabilities (SEK2.7B).
Long Term Liabilities: MLT's short term assets (SEK5.9B) exceed its long term liabilities (SEK523.0M).
Debt to Equity History and Analysis
Debt Level: MLT is debt free.
Reducing Debt: MLT has no debt compared to 5 years ago when its debt to equity ratio was 6.1%.
Debt Coverage: MLT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MLT has no debt, therefore coverage of interest payments is not a concern.