Microdata Balance Sheet Health
Financial Health criteria checks 6/6
Microdata has a total shareholder equity of MAD182.4M and total debt of MAD80.0M, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are MAD375.1M and MAD192.8M respectively. Microdata's EBIT is MAD90.4M making its interest coverage ratio 14.2. It has cash and short-term investments of MAD64.4M.
Key information
43.9%
Debt to equity ratio
د.م80.00m
Debt
| Interest coverage ratio | 14.2x |
| Cash | د.م64.39m |
| Equity | د.م182.40m |
| Total liabilities | د.م192.75m |
| Total assets | د.م375.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIC's short term assets (MAD359.5M) exceed its short term liabilities (MAD192.4M).
Long Term Liabilities: MIC's short term assets (MAD359.5M) exceed its long term liabilities (MAD314.7K).
Debt to Equity History and Analysis
Debt Level: MIC's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: MIC's debt to equity ratio has reduced from 68.4% to 43.9% over the past 5 years.
Debt Coverage: MIC's debt is well covered by operating cash flow (72.7%).
Interest Coverage: MIC's interest payments on its debt are well covered by EBIT (14.2x coverage).