MedservRegis Balance Sheet Health
Financial Health criteria checks 3/6
MedservRegis has a total shareholder equity of €55.7M and total debt of €53.5M, which brings its debt-to-equity ratio to 96%. Its total assets and total liabilities are €144.5M and €88.8M respectively. MedservRegis's EBIT is €6.6M making its interest coverage ratio 1.9. It has cash and short-term investments of €17.9M.
Key information
96.0%
Debt to equity ratio
€53.51m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €17.92m |
| Equity | €55.73m |
| Total liabilities | €88.80m |
| Total assets | €144.54m |
Financial Position Analysis
Short Term Liabilities: MDS's short term assets (€41.8M) exceed its short term liabilities (€20.3M).
Long Term Liabilities: MDS's short term assets (€41.8M) do not cover its long term liabilities (€68.5M).
Debt to Equity History and Analysis
Debt Level: MDS's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: MDS's debt to equity ratio has increased from 5.2% to 96% 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 MDS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MDS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.1% per year.