MEMSCAP Balance Sheet Health
Financial Health criteria checks 6/6
MEMSCAP has a total shareholder equity of €18.6M and total debt of €5.6M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are €27.5M and €8.9M respectively. MEMSCAP's EBIT is €1.9M making its interest coverage ratio -10.4. It has cash and short-term investments of €4.5M.
Key information
30.0%
Debt to equity ratio
€5.58m
Debt
| Interest coverage ratio | -10.4x |
| Cash | €4.50m |
| Equity | €18.63m |
| Total liabilities | €8.90m |
| Total assets | €27.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NYT's short term assets (€13.0M) exceed its short term liabilities (€4.2M).
Long Term Liabilities: 0NYT's short term assets (€13.0M) exceed its long term liabilities (€4.7M).
Debt to Equity History and Analysis
Debt Level: 0NYT's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 0NYT's debt to equity ratio has reduced from 42.9% to 30% over the past 5 years.
Debt Coverage: 0NYT's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 0NYT earns more interest than it pays, so coverage of interest payments is not a concern.