Midsona Balance Sheet Health
Financial Health criteria checks 5/6
Midsona has a total shareholder equity of SEK3.0B and total debt of SEK640.0M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are SEK4.6B and SEK1.6B respectively. Midsona's EBIT is SEK75.0M making its interest coverage ratio 1.5. It has cash and short-term investments of SEK139.0M.
Key information
21.0%
Debt to equity ratio
SEK 640.00m
Debt
| Interest coverage ratio | 1.5x |
| Cash | SEK 139.00m |
| Equity | SEK 3.05b |
| Total liabilities | SEK 1.60b |
| Total assets | SEK 4.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GSE's short term assets (SEK1.2B) exceed its short term liabilities (SEK747.0M).
Long Term Liabilities: 0GSE's short term assets (SEK1.2B) exceed its long term liabilities (SEK851.0M).
Debt to Equity History and Analysis
Debt Level: 0GSE's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: 0GSE's debt to equity ratio has reduced from 70.1% to 21% over the past 5 years.
Debt Coverage: 0GSE's debt is well covered by operating cash flow (44.1%).
Interest Coverage: 0GSE's interest payments on its debt are not well covered by EBIT (1.5x coverage).