Medinice Balance Sheet Health
Financial Health criteria checks 4/6
Medinice has a total shareholder equity of PLN30.6M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN35.3M and PLN4.7M respectively.
Key information
0%
Debt to equity ratio
zł0
Debt
| Interest coverage ratio | n/a |
| Cash | zł2.86m |
| Equity | zł30.59m |
| Total liabilities | zł4.72m |
| Total assets | zł35.31m |
Financial Position Analysis
Short Term Liabilities: ICE's short term assets (PLN5.2M) exceed its short term liabilities (PLN1.5M).
Long Term Liabilities: ICE's short term assets (PLN5.2M) 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 5.4%.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ICE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.3% each year