MedCap Balance Sheet Health
Financial Health criteria checks 6/6
MedCap has a total shareholder equity of SEK885.7M and total debt of SEK148.0M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are SEK1.5B and SEK597.9M respectively. MedCap's EBIT is SEK142.8M making its interest coverage ratio 11.4. It has cash and short-term investments of SEK213.8M.
Key information
16.7%
Debt to equity ratio
SEK 148.00m
Debt
| Interest coverage ratio | 11.4x |
| Cash | SEK 213.80m |
| Equity | SEK 885.70m |
| Total liabilities | SEK 597.90m |
| Total assets | SEK 1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCAPS's short term assets (SEK696.6M) exceed its short term liabilities (SEK315.3M).
Long Term Liabilities: MCAPS's short term assets (SEK696.6M) exceed its long term liabilities (SEK282.6M).
Debt to Equity History and Analysis
Debt Level: MCAPS has more cash than its total debt.
Reducing Debt: MCAPS's debt to equity ratio has reduced from 67.6% to 16.7% over the past 5 years.
Debt Coverage: MCAPS's debt is well covered by operating cash flow (55.2%).
Interest Coverage: MCAPS's interest payments on its debt are well covered by EBIT (11.4x coverage).