MIG Holdings Balance Sheet Health
Financial Health criteria checks 4/6
MIG Holdings has a total shareholder equity of €122.7M and total debt of €91.6M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are €220.9M and €98.2M respectively.
Key information
74.6%
Debt to equity ratio
€91.60m
Debt
| Interest coverage ratio | n/a |
| Cash | €14.11m |
| Equity | €122.72m |
| Total liabilities | €98.17m |
| Total assets | €220.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IMY's short term assets (€17.3M) exceed its short term liabilities (€6.3M).
Long Term Liabilities: 0IMY's short term assets (€17.3M) do not cover its long term liabilities (€91.9M).
Debt to Equity History and Analysis
Debt Level: 0IMY's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 0IMY's debt to equity ratio has reduced from 518.6% to 74.6% 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: Whilst unprofitable 0IMY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0IMY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.4% per year.