Media Lab Balance Sheet Health
Financial Health criteria checks 5/6
Media Lab has a total shareholder equity of €991.9K and total debt of €100.0K, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are €1.6M and €634.8K respectively. Media Lab's EBIT is €105.8K making its interest coverage ratio 52.6. It has cash and short-term investments of €430.7K.
Key information
10.1%
Debt to equity ratio
€99.99k
Debt
Interest coverage ratio | 52.6x |
Cash | €430.75k |
Equity | €991.90k |
Total liabilities | €634.83k |
Total assets | €1.63m |
Financial Position Analysis
Short Term Liabilities: MLLAB's short term assets (€874.2K) exceed its short term liabilities (€486.9K).
Long Term Liabilities: MLLAB's short term assets (€874.2K) exceed its long term liabilities (€147.9K).
Debt to Equity History and Analysis
Debt Level: MLLAB has more cash than its total debt.
Reducing Debt: MLLAB's debt to equity ratio has increased from 3% to 10.1% over the past 5 years.
Debt Coverage: MLLAB's debt is well covered by operating cash flow (223%).
Interest Coverage: MLLAB's interest payments on its debt are well covered by EBIT (52.6x coverage).