Medcomtech Balance Sheet Health
Financial Health criteria checks 2/6
Medcomtech has a total shareholder equity of €256.8K and total debt of €18.2M, which brings its debt-to-equity ratio to 7076.7%. Its total assets and total liabilities are €30.1M and €29.8M respectively. Medcomtech's EBIT is €1.0M making its interest coverage ratio 0.8. It has cash and short-term investments of €2.0M.
Key information
7,076.7%
Debt to equity ratio
€18.17m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €1.99m |
| Equity | €256.76k |
| Total liabilities | €29.82m |
| Total assets | €30.08m |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At Medcomtech (BME:MED)
Oct 18
Many Still Looking Away From Medcomtech, S.A. (BME:MED)
Aug 26Returns At Medcomtech (BME:MED) Are On The Way Up
Mar 21Medcomtech (BME:MED) Is Experiencing Growth In Returns On Capital
Dec 06Investors Will Want Medcomtech's (BME:MED) Growth In ROCE To Persist
Aug 16Medcomtech (BME:MED) Is Looking To Continue Growing Its Returns On Capital
Apr 09Here's Why Medcomtech (BME:MED) Can Afford Some Debt
May 17Should Weakness in Medcomtech, S.A.'s (BME:MED) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 30
Financial Position Analysis
Short Term Liabilities: MED's short term assets (€22.1M) exceed its short term liabilities (€13.8M).
Long Term Liabilities: MED's short term assets (€22.1M) exceed its long term liabilities (€16.0M).
Debt to Equity History and Analysis
Debt Level: MED's net debt to equity ratio (6300.1%) is considered high.
Reducing Debt: MED's debt to equity ratio has increased from 928.9% to 7076.7% 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: Insufficient data to determine if MED has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MED has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/13 19:34 |
| End of Day Share Price | 2024/01/15 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Medcomtech, S.A. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Thomas Cooper | Edison Investment Research |
| Natalia Bjork | Kepler Capital Markets |