Mittel Balance Sheet Health
Financial Health criteria checks 4/6
Mittel has a total shareholder equity of €273.5M and total debt of €29.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are €374.9M and €101.4M respectively.
Key information
10.6%
Debt to equity ratio
€29.04m
Debt
Interest coverage ratio | n/a |
Cash | €108.93m |
Equity | €273.50m |
Total liabilities | €101.37m |
Total assets | €374.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIT's short term assets (€232.5M) exceed its short term liabilities (€76.0M).
Long Term Liabilities: MIT's short term assets (€232.5M) exceed its long term liabilities (€25.4M).
Debt to Equity History and Analysis
Debt Level: MIT has more cash than its total debt.
Reducing Debt: MIT's debt to equity ratio has reduced from 95.4% to 10.6% over the past 5 years.
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: Insufficient data to determine if MIT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MIT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.