Medicon Hellas Balance Sheet Health
Financial Health criteria checks 5/6
Medicon Hellas has a total shareholder equity of €17.6M and total debt of €10.5M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are €32.5M and €14.8M respectively. Medicon Hellas's EBIT is €2.4M making its interest coverage ratio 24.4. It has cash and short-term investments of €9.5M.
Key information
59.4%
Debt to equity ratio
€10.48m
Debt
Interest coverage ratio | 24.4x |
Cash | €9.47m |
Equity | €17.64m |
Total liabilities | €14.82m |
Total assets | €32.47m |
Recent financial health updates
Recent updates
Medicon Hellas (ATH:MEDIC) Is Reinvesting At Lower Rates Of Return
Aug 04There Are Reasons To Feel Uneasy About Medicon Hellas' (ATH:MEDIC) Returns On Capital
Feb 18Medicon Hellas (ATH:MEDIC) May Have Issues Allocating Its Capital
Jun 10Estimating The Intrinsic Value Of Medicon Hellas S.A. (ATH:MEDIC)
Apr 30Investors Could Be Concerned With Medicon Hellas' (ATH:MEDIC) Returns On Capital
Sep 30Medicon Hellas (ATH:MEDIC) Could Easily Take On More Debt
Jun 07Based On Its ROE, Is Medicon Hellas S.A. (ATH:MEDIC) A High Quality Stock?
Feb 25The Returns At Medicon Hellas (ATH:MEDIC) Provide Us With Signs Of What's To Come
Nov 23Financial Position Analysis
Short Term Liabilities: MEDIC's short term assets (€22.9M) exceed its short term liabilities (€4.3M).
Long Term Liabilities: MEDIC's short term assets (€22.9M) exceed its long term liabilities (€10.5M).
Debt to Equity History and Analysis
Debt Level: MEDIC's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: MEDIC's debt to equity ratio has reduced from 146.8% to 59.4% over the past 5 years.
Debt Coverage: MEDIC's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: MEDIC's interest payments on its debt are well covered by EBIT (24.4x coverage).