MEMSCAP Balance Sheet Health
Financial Health criteria checks 5/6
MEMSCAP has a total shareholder equity of €17.7M and total debt of €5.7M, which brings its debt-to-equity ratio to 32.3%. Its total assets and total liabilities are €26.3M and €8.6M respectively. MEMSCAP's EBIT is €2.5M making its interest coverage ratio -63.6. It has cash and short-term investments of €4.8M.
Key information
32.3%
Debt to equity ratio
€5.71m
Debt
Interest coverage ratio | -63.6x |
Cash | €4.80m |
Equity | €17.68m |
Total liabilities | €8.61m |
Total assets | €26.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NYT's short term assets (€11.8M) exceed its short term liabilities (€3.9M).
Long Term Liabilities: 0NYT's short term assets (€11.8M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: 0NYT's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 0NYT's debt to equity ratio has increased from 8.1% to 32.3% over the past 5 years.
Debt Coverage: 0NYT's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 0NYT earns more interest than it pays, so coverage of interest payments is not a concern.