Infoclip Balance Sheet Health
Financial Health criteria checks 5/6
Infoclip has a total shareholder equity of €2.3M and total debt of €598.4K, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are €4.8M and €2.5M respectively. Infoclip's EBIT is €122.4K making its interest coverage ratio 8.4. It has cash and short-term investments of €295.0K.
Key information
26.3%
Debt to equity ratio
€598.38k
Debt
Interest coverage ratio | 8.4x |
Cash | €294.95k |
Equity | €2.28m |
Total liabilities | €2.50m |
Total assets | €4.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLIFC's short term assets (€2.7M) exceed its short term liabilities (€1.6M).
Long Term Liabilities: MLIFC's short term assets (€2.7M) exceed its long term liabilities (€905.6K).
Debt to Equity History and Analysis
Debt Level: MLIFC's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: MLIFC's debt to equity ratio has reduced from 31.4% to 26.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if MLIFC's debt is well covered by operating cash flow.
Interest Coverage: MLIFC's interest payments on its debt are well covered by EBIT (8.4x coverage).