S.C. Mecon Balance Sheet Health
Financial Health criteria checks 6/6
S.C. Mecon has a total shareholder equity of RON23.6M and total debt of RON0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are RON23.8M and RON207.0K respectively. S.C. Mecon's EBIT is RON250.4K making its interest coverage ratio -9.1. It has cash and short-term investments of RON957.8K.
Key information
0%
Debt to equity ratio
RON 0
Debt
| Interest coverage ratio | -9.1x |
| Cash | RON 957.79k |
| Equity | RON 23.58m |
| Total liabilities | RON 207.02k |
| Total assets | RON 23.79m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MECP's short term assets (RON1.4M) exceed its short term liabilities (RON207.0K).
Long Term Liabilities: MECP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MECP is debt free.
Reducing Debt: MECP has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: MECP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MECP has no debt, therefore coverage of interest payments is not a concern.