S.C. Mindo Balance Sheet Health
Financial Health criteria checks 5/6
S.C. Mindo has a total shareholder equity of RON6.3M and total debt of RON977.2K, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are RON13.5M and RON7.2M respectively. S.C. Mindo's EBIT is RON1.0M making its interest coverage ratio 15.2. It has cash and short-term investments of RON728.6K.
Key information
15.5%
Debt to equity ratio
RON977.21k
Debt
Interest coverage ratio | 15.2x |
Cash | RON728.62k |
Equity | RON6.32m |
Total liabilities | RON7.22m |
Total assets | RON13.54m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MINO's short term assets (RON8.2M) exceed its short term liabilities (RON6.2M).
Long Term Liabilities: MINO's short term assets (RON8.2M) exceed its long term liabilities (RON977.2K).
Debt to Equity History and Analysis
Debt Level: MINO's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: MINO's debt to equity ratio has reduced from 28.4% to 15.5% over the past 5 years.
Debt Coverage: Insufficient data to determine if MINO's debt is well covered by operating cash flow.
Interest Coverage: MINO's interest payments on its debt are well covered by EBIT (15.2x coverage).