Midsona Balance Sheet Health
Financial Health criteria checks 5/6
Midsona has a total shareholder equity of SEK3.1B and total debt of SEK895.0M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are SEK4.9B and SEK1.8B respectively. Midsona's EBIT is SEK30.0M making its interest coverage ratio 0.6. It has cash and short-term investments of SEK121.0M.
Key information
29.0%
Debt to equity ratio
SEK 895.00m
Debt
| Interest coverage ratio | 0.6x |
| Cash | SEK 121.00m |
| Equity | SEK 3.08b |
| Total liabilities | SEK 1.82b |
| Total assets | SEK 4.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSONBS's short term assets (SEK1.3B) exceed its short term liabilities (SEK691.0M).
Long Term Liabilities: MSONBS's short term assets (SEK1.3B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: MSONBS's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: MSONBS's debt to equity ratio has reduced from 45.5% to 29% over the past 5 years.
Debt Coverage: MSONBS's debt is well covered by operating cash flow (22.7%).
Interest Coverage: MSONBS's interest payments on its debt are not well covered by EBIT (0.6x coverage).