Mineral Midrange Balance Sheet Health
Financial Health criteria checks 6/6
Mineral Midrange has a total shareholder equity of PLN2.4M and total debt of PLN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PLN5.7M and PLN3.2M respectively. Mineral Midrange's EBIT is PLN422.3K making its interest coverage ratio 10.6. It has cash and short-term investments of PLN864.8K.
Key information
0%
Debt to equity ratio
zł0
Debt
Interest coverage ratio | 10.6x |
Cash | zł864.81k |
Equity | zł2.45m |
Total liabilities | zł3.22m |
Total assets | zł5.66m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MND's short term assets (PLN3.9M) exceed its short term liabilities (PLN2.7M).
Long Term Liabilities: MND's short term assets (PLN3.9M) exceed its long term liabilities (PLN538.9K).
Debt to Equity History and Analysis
Debt Level: MND is debt free.
Reducing Debt: MND had no debt 5 years ago.
Debt Coverage: MND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MND has no debt, therefore coverage of interest payments is not a concern.