Societatea Comerciala Metal Lemn Balance Sheet Health
Financial Health criteria checks 4/6
Societatea Comerciala Metal Lemn has a total shareholder equity of RON50.6M and total debt of RON2.1M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are RON60.2M and RON9.6M respectively. Societatea Comerciala Metal Lemn's EBIT is RON4.6M making its interest coverage ratio 6.1. It has cash and short-term investments of RON118.4K.
Key information
4.2%
Debt to equity ratio
RON 2.14m
Debt
| Interest coverage ratio | 6.1x |
| Cash | RON 118.42k |
| Equity | RON 50.63m |
| Total liabilities | RON 9.56m |
| Total assets | RON 60.19m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MELE's short term assets (RON13.4M) exceed its short term liabilities (RON6.0M).
Long Term Liabilities: MELE's short term assets (RON13.4M) exceed its long term liabilities (RON3.6M).
Debt to Equity History and Analysis
Debt Level: MELE's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: MELE's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if MELE's debt is well covered by operating cash flow.
Interest Coverage: MELE's interest payments on its debt are well covered by EBIT (6.1x coverage).