Micronet Balance Sheet Health
Financial Health criteria checks 6/6
Micronet has a total shareholder equity of ₪24.3M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪27.1M and ₪2.8M respectively.
Key information
0%
Debt to equity ratio
₪0
Debt
Interest coverage ratio | n/a |
Cash | ₪17.86m |
Equity | ₪24.30m |
Total liabilities | ₪2.79m |
Total assets | ₪27.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCRNT's short term assets (₪25.3M) exceed its short term liabilities (₪2.1M).
Long Term Liabilities: MCRNT's short term assets (₪25.3M) exceed its long term liabilities (₪667.0K).
Debt to Equity History and Analysis
Debt Level: MCRNT is debt free.
Reducing Debt: MCRNT has no debt compared to 5 years ago when its debt to equity ratio was 78.1%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MCRNT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCRNT has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 3.6% each year.