Scandinavian Medical Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Scandinavian Medical Solutions has a total shareholder equity of DKK82.5M and total debt of DKK21.9M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are DKK174.1M and DKK91.6M respectively. Scandinavian Medical Solutions's EBIT is DKK13.8M making its interest coverage ratio 2.6. It has cash and short-term investments of DKK11.0M.
Key information
26.5%
Debt to equity ratio
DKK 21.86m
Debt
| Interest coverage ratio | 2.6x |
| Cash | DKK 11.00m |
| Equity | DKK 82.48m |
| Total liabilities | DKK 91.63m |
| Total assets | DKK 174.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SMSMED's short term assets (DKK121.2M) exceed its short term liabilities (DKK77.3M).
Long Term Liabilities: SMSMED's short term assets (DKK121.2M) exceed its long term liabilities (DKK14.3M).
Debt to Equity History and Analysis
Debt Level: SMSMED's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SMSMED's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SMSMED's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: SMSMED's interest payments on its debt are not well covered by EBIT (2.6x coverage).