Micropole Balance Sheet Health
Financial Health criteria checks 5/6
Micropole has a total shareholder equity of €55.2M and total debt of €19.1M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are €132.3M and €77.2M respectively. Micropole's EBIT is €1.8M making its interest coverage ratio 1.1. It has cash and short-term investments of €16.2M.
Key information
34.7%
Debt to equity ratio
€19.14m
Debt
Interest coverage ratio | 1.1x |
Cash | €16.18m |
Equity | €55.17m |
Total liabilities | €77.16m |
Total assets | €132.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MV0's short term assets (€58.7M) exceed its short term liabilities (€50.3M).
Long Term Liabilities: 0MV0's short term assets (€58.7M) exceed its long term liabilities (€26.8M).
Debt to Equity History and Analysis
Debt Level: 0MV0's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 0MV0's debt to equity ratio has reduced from 49.2% to 34.7% over the past 5 years.
Debt Coverage: 0MV0's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 0MV0's interest payments on its debt are not well covered by EBIT (1.1x coverage).