MiT Sim Balance Sheet Health
Financial Health criteria checks 5/6
MiT Sim has a total shareholder equity of €3.0M and total debt of €415.4K, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are €5.0M and €2.0M respectively.
Key information
13.9%
Debt to equity ratio
€415.41k
Debt
| Interest coverage ratio | n/a |
| Cash | €2.02m |
| Equity | €2.99m |
| Total liabilities | €1.98m |
| Total assets | €4.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTS's short term assets (€4.6M) exceed its short term liabilities (€1.1M).
Long Term Liabilities: MTS's short term assets (€4.6M) exceed its long term liabilities (€836.6K).
Debt to Equity History and Analysis
Debt Level: MTS has more cash than its total debt.
Reducing Debt: MTS's debt to equity ratio has increased from 0% to 13.9% 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: Whilst unprofitable MTS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MTS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.6% per year.