Mecanica Ceahlau Balance Sheet Health
Financial Health criteria checks 3/6
Mecanica Ceahlau has a total shareholder equity of RON51.6M and total debt of RON8.1M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are RON75.0M and RON23.4M respectively.
Key information
15.7%
Debt to equity ratio
RON8.11m
Debt
Interest coverage ratio | n/a |
Cash | RON1.91m |
Equity | RON51.59m |
Total liabilities | RON23.36m |
Total assets | RON74.95m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MECF's short term assets (RON52.7M) exceed its short term liabilities (RON16.1M).
Long Term Liabilities: MECF's short term assets (RON52.7M) exceed its long term liabilities (RON7.3M).
Debt to Equity History and Analysis
Debt Level: MECF's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: MECF's debt to equity ratio has increased from 2.8% to 15.7% over the past 5 years.
Debt Coverage: MECF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MECF's interest payments on its debt are well covered by EBIT.