Mycodern Balance Sheet Health
Financial Health criteria checks 3/6
Mycodern has a total shareholder equity of PLN19.2M and total debt of PLN3.6M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are PLN29.0M and PLN9.8M respectively.
Key information
18.7%
Debt to equity ratio
zł3.58m
Debt
Interest coverage ratio | n/a |
Cash | zł1.25m |
Equity | zł19.18m |
Total liabilities | zł9.82m |
Total assets | zł29.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MCD's short term assets (PLN5.7M) do not cover its short term liabilities (PLN7.0M).
Long Term Liabilities: MCD's short term assets (PLN5.7M) exceed its long term liabilities (PLN2.8M).
Debt to Equity History and Analysis
Debt Level: MCD's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: MCD's debt to equity ratio has increased from 7.1% to 18.7% 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: MCD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.2% each year