MEMSCAP Balance Sheet Health
Financial Health criteria checks 5/6
MEMSCAP has a total shareholder equity of €17.7M and total debt of €5.7M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are €26.3M and €8.6M respectively. MEMSCAP's EBIT is €2.5M making its interest coverage ratio -63.6. It has cash and short-term investments of €4.8M.
Key information
32.3%
Debt to equity ratio
€5.71m
Debt
Interest coverage ratio | -63.6x |
Cash | €4.80m |
Equity | €17.68m |
Total liabilities | €8.61m |
Total assets | €26.28m |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At MEMSCAP (EPA:MEMS)
Jun 15Subdued Growth No Barrier To MEMSCAP, S.A. (EPA:MEMS) With Shares Advancing 31%
Feb 01MEMSCAP (EPA:MEMS) Is Doing The Right Things To Multiply Its Share Price
Jan 11Here's Why MEMSCAP (EPA:MEMS) Has A Meaningful Debt Burden
Nov 22At €3.93, Is It Time To Put MEMSCAP, S.A. (EPA:MEMS) On Your Watch List?
Oct 24MEMSCAP (EPA:MEMS) Is Looking To Continue Growing Its Returns On Capital
Sep 27Returns On Capital Are Showing Encouraging Signs At MEMSCAP (EPA:MEMS)
Jun 22Estimating The Fair Value Of MEMSCAP, S.A. (EPA:MEMS)
Sep 29A Look At The Intrinsic Value Of MEMSCAP, S.A. (EPA:MEMS)
Mar 16A Look At The Fair Value Of MEMSCAP, S.A. (EPA:MEMS)
Dec 01Financial Position Analysis
Short Term Liabilities: MEMS's short term assets (€11.8M) exceed its short term liabilities (€3.9M).
Long Term Liabilities: MEMS's short term assets (€11.8M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: MEMS's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: MEMS's debt to equity ratio has increased from 8.1% to 32.3% over the past 5 years.
Debt Coverage: MEMS's debt is well covered by operating cash flow (30.7%).
Interest Coverage: MEMS earns more interest than it pays, so coverage of interest payments is not a concern.