Mitek Systems Balance Sheet Health
Financial Health criteria checks 3/6
Mitek Systems has a total shareholder equity of $209.6M and total debt of $143.8M, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are $409.2M and $199.6M respectively.
Key information
68.6%
Debt to equity ratio
US$143.83m
Debt
| Interest coverage ratio | n/a |
| Cash | US$123.07m |
| Equity | US$209.64m |
| Total liabilities | US$199.59m |
| Total assets | US$409.23m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K1W's short term assets ($195.7M) exceed its short term liabilities ($43.9M).
Long Term Liabilities: 0K1W's short term assets ($195.7M) exceed its long term liabilities ($155.7M).
Debt to Equity History and Analysis
Debt Level: 0K1W's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 0K1W's debt to equity ratio has increased from 0.7% to 68.6% over the past 5 years.
Debt Coverage: 0K1W's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: Insufficient data to determine if 0K1W's interest payments on its debt are well covered by EBIT.