Embla Medical hf Balance Sheet Health
Financial Health criteria checks 3/6
Embla Medical hf has a total shareholder equity of $754.3M and total debt of $409.6M, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are $1.6B and $805.2M respectively. Embla Medical hf's EBIT is $96.5M making its interest coverage ratio 5.5. It has cash and short-term investments of $77.2M.
Key information
54.3%
Debt to equity ratio
US$409.59m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$77.21m |
| Equity | US$754.26m |
| Total liabilities | US$805.17m |
| Total assets | US$1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMBLAC's short term assets ($404.1M) exceed its short term liabilities ($230.6M).
Long Term Liabilities: EMBLAC's short term assets ($404.1M) do not cover its long term liabilities ($574.5M).
Debt to Equity History and Analysis
Debt Level: EMBLAC's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: EMBLAC's debt to equity ratio has increased from 40.8% to 54.3% over the past 5 years.
Debt Coverage: EMBLAC's debt is well covered by operating cash flow (23.5%).
Interest Coverage: EMBLAC's interest payments on its debt are well covered by EBIT (5.5x coverage).