I.M.D. International Medical Devices Balance Sheet Health
Financial Health criteria checks 4/6
I.M.D. International Medical Devices has a total shareholder equity of €23.2M and total debt of €1.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are €36.2M and €13.0M respectively. I.M.D. International Medical Devices's EBIT is €3.3M making its interest coverage ratio -449.5. It has cash and short-term investments of €4.5M.
Key information
6.8%
Debt to equity ratio
€1.58m
Debt
Interest coverage ratio | -449.5x |
Cash | €4.55m |
Equity | €23.23m |
Total liabilities | €12.96m |
Total assets | €36.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IMD's short term assets (€33.5M) exceed its short term liabilities (€11.4M).
Long Term Liabilities: IMD's short term assets (€33.5M) exceed its long term liabilities (€1.6M).
Debt to Equity History and Analysis
Debt Level: IMD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IMD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IMD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IMD earns more interest than it pays, so coverage of interest payments is not a concern.