MiT Sim Balance Sheet Health
Financial Health criteria checks 3/6
MiT Sim has a total shareholder equity of €3.0M and total debt of €164.3K, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are €4.3M and €1.2M respectively.
Key information
5.4%
Debt to equity ratio
€164.34k
Debt
Interest coverage ratio | n/a |
Cash | €1.44m |
Equity | €3.03m |
Total liabilities | €1.23m |
Total assets | €4.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTS's short term assets (€3.9M) exceed its short term liabilities (€696.6K).
Long Term Liabilities: MTS's short term assets (€3.9M) exceed its long term liabilities (€530.3K).
Debt to Equity History and Analysis
Debt Level: MTS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MTS's debt to equity ratio has reduced 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 MTS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MTS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.