Medica Balance Sheet Health
Financial Health criteria checks 4/6
Medica has a total shareholder equity of €68.1M and total debt of €29.2M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are €101.6M and €33.5M respectively. Medica's EBIT is €4.8M making its interest coverage ratio 4.2. It has cash and short-term investments of €7.5M.
Key information
42.9%
Debt to equity ratio
€29.18m
Debt
Interest coverage ratio | 4.2x |
Cash | €7.50m |
Equity | €68.08m |
Total liabilities | €33.47m |
Total assets | €101.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MDC's short term assets (€46.8M) exceed its short term liabilities (€9.0M).
Long Term Liabilities: MDC's short term assets (€46.8M) exceed its long term liabilities (€24.4M).
Debt to Equity History and Analysis
Debt Level: MDC's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MDC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MDC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MDC's interest payments on its debt are well covered by EBIT (4.2x coverage).