I.M.D. International Medical Devices Balance Sheet Health
Financial Health criteria checks 5/6
I.M.D. International Medical Devices has a total shareholder equity of €24.3M and total debt of €497.5K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are €38.5M and €14.1M respectively. I.M.D. International Medical Devices's EBIT is €3.5M making its interest coverage ratio -16.6. It has cash and short-term investments of €6.9M.
Key information
2.0%
Debt to equity ratio
€497.51k
Debt
| Interest coverage ratio | -16.6x |
| Cash | €6.86m |
| Equity | €24.35m |
| Total liabilities | €14.12m |
| Total assets | €38.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IMD's short term assets (€34.9M) exceed its short term liabilities (€12.1M).
Long Term Liabilities: IMD's short term assets (€34.9M) exceed its long term liabilities (€2.0M).
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 debt is well covered by operating cash flow (691.2%).
Interest Coverage: IMD earns more interest than it pays, so coverage of interest payments is not a concern.