Medinice Balance Sheet Health
Financial Health criteria checks 6/6
Medinice has a total shareholder equity of PLN33.2M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN37.5M and PLN4.3M respectively.
Key information
0%
Debt to equity ratio
zł0
Debt
Interest coverage ratio | n/a |
Cash | zł10.32m |
Equity | zł33.17m |
Total liabilities | zł4.33m |
Total assets | zł37.49m |
Financial Position Analysis
Short Term Liabilities: ICE's short term assets (PLN10.9M) exceed its short term liabilities (PLN1.2M).
Long Term Liabilities: ICE's short term assets (PLN10.9M) exceed its long term liabilities (PLN3.2M).
Debt to Equity History and Analysis
Debt Level: ICE is debt free.
Reducing Debt: ICE has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.
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: ICE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ICE has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 22.3% each year.