Miraculum Balance Sheet Health
Financial Health criteria checks 4/6
Miraculum has a total shareholder equity of PLN32.0M and total debt of PLN9.7M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are PLN59.6M and PLN27.5M respectively. Miraculum's EBIT is PLN753.8K making its interest coverage ratio 0.5. It has cash and short-term investments of PLN10.1K.
Key information
30.3%
Debt to equity ratio
zł9.72m
Debt
| Interest coverage ratio | 0.5x |
| Cash | zł10.12k |
| Equity | zł32.03m |
| Total liabilities | zł27.55m |
| Total assets | zł59.58m |
Recent financial health updates
Miraculum (WSE:MIR) Takes On Some Risk With Its Use Of Debt
Aug 04
Is Miraculum (WSE:MIR) A Risky Investment?
Mar 16Is Miraculum (WSE:MIR) Using Too Much Debt?
May 10Does Miraculum (WSE:MIR) Have A Healthy Balance Sheet?
Jan 11Is Miraculum (WSE:MIR) Using Too Much Debt?
Sep 22We Think Miraculum (WSE:MIR) Has A Fair Chunk Of Debt
Jun 08Recent updates
Miraculum (WSE:MIR) Takes On Some Risk With Its Use Of Debt
Aug 04Is Miraculum (WSE:MIR) A Risky Investment?
Mar 16Is Miraculum (WSE:MIR) Using Too Much Debt?
May 10Does Miraculum (WSE:MIR) Have A Healthy Balance Sheet?
Jan 11Is Miraculum (WSE:MIR) Using Too Much Debt?
Sep 22We Think Miraculum (WSE:MIR) Has A Fair Chunk Of Debt
Jun 08We Think Miraculum (WSE:MIR) Has A Fair Chunk Of Debt
Jan 01Financial Position Analysis
Short Term Liabilities: MIR's short term assets (PLN21.0M) exceed its short term liabilities (PLN13.4M).
Long Term Liabilities: MIR's short term assets (PLN21.0M) exceed its long term liabilities (PLN14.2M).
Debt to Equity History and Analysis
Debt Level: MIR's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: MIR's debt to equity ratio has reduced from 60.7% to 30.3% 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: MIR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MIR has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.7% each year.