Mips Balance Sheet Health
Financial Health criteria checks 6/6
Mips has a total shareholder equity of SEK502.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK594.0M and SEK92.0M respectively. Mips's EBIT is SEK177.0M making its interest coverage ratio -35.4. It has cash and short-term investments of SEK244.0M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -35.4x |
| Cash | SEK 244.00m |
| Equity | SEK 502.00m |
| Total liabilities | SEK 92.00m |
| Total assets | SEK 594.00m |
Recent financial health updates
No updates
Recent updates
Mips AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 19
Mips (STO:MIPS) Is Reinvesting To Multiply In Value
Jul 12Earnings Tell The Story For Mips AB (publ) (STO:MIPS)
Jun 25Is There Now An Opportunity In Mips AB (publ) (STO:MIPS)?
Jun 10Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.50
May 08We Think Mips' (STO:MIPS) Robust Earnings Are Conservative
May 05Increases to CEO Compensation Might Be Put On Hold For Now at Mips AB (publ) (STO:MIPS)
May 01Mips' (STO:MIPS) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 03Mips AB (publ) (STO:MIPS) Shares Could Be 38% Below Their Intrinsic Value Estimate
Apr 01Mips (STO:MIPS) Will Be Hoping To Turn Its Returns On Capital Around
Mar 05Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.50
Feb 13
Expansion Into New Markets Will Strengthen Safety Systems' Global Presence By 2029
Mips' strategic expansion into new markets and sales channels aims to boost revenue through increased market penetration and share.Mips AB (publ)'s (STO:MIPS) P/S Still Appears To Be Reasonable
Feb 05What Is Mips AB (publ)'s (STO:MIPS) Share Price Doing?
Jan 22Additional Considerations Required While Assessing Mips' (STO:MIPS) Strong Earnings
Nov 03Mips AB (publ) (STO:MIPS) Just Reported And Analysts Have Been Lifting Their Price Targets
Oct 27Are Mips AB (publ) (STO:MIPS) Investors Paying Above The Intrinsic Value?
Sep 16Investors Could Be Concerned With Mips' (STO:MIPS) Returns On Capital
Sep 03After Leaping 25% Mips AB (publ) (STO:MIPS) Shares Are Not Flying Under The Radar
Jul 23Results: Mips AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 21Mips AB (publ)'s (STO:MIPS) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.00
Apr 17Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.00
Mar 31There Are Reasons To Feel Uneasy About Mips' (STO:MIPS) Returns On Capital
Mar 01Mips' (STO:MIPS) Weak Earnings May Only Reveal A Part Of The Whole Picture
Feb 16Earnings Miss: Mips AB (publ) Missed EPS By 9.1% And Analysts Are Revising Their Forecasts
Feb 11Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?
Feb 06Mips AB (publ) (STO:MIPS) Analysts Just Slashed Next Year's Estimates
Jan 24Mips AB (publ)'s (STO:MIPS) Price In Tune With Revenues
Dec 24Is Mips AB (publ) (STO:MIPS) Trading At A 37% Discount?
Nov 24Capital Allocation Trends At Mips (STO:MIPS) Aren't Ideal
Nov 09A Look At The Intrinsic Value Of Mips AB (publ) (STO:MIPS)
Aug 04News Flash: 4 Analysts Think Mips AB (publ) (STO:MIPS) Earnings Are Under Threat
Jul 22Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?
Jul 14Investors Shouldn't Overlook Mips' (STO:MIPS) Impressive Returns On Capital
Jun 13Mips (STO:MIPS) Is Increasing Its Dividend To SEK5.50
Apr 16Mips AB (publ) (STO:MIPS) Shares Could Be 26% Above Their Intrinsic Value Estimate
Apr 06Financial Position Analysis
Short Term Liabilities: MIPS's short term assets (SEK442.0M) exceed its short term liabilities (SEK85.0M).
Long Term Liabilities: MIPS's short term assets (SEK442.0M) exceed its long term liabilities (SEK7.0M).
Debt to Equity History and Analysis
Debt Level: MIPS is debt free.
Reducing Debt: MIPS had no debt 5 years ago.
Debt Coverage: MIPS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIPS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/31 18:05 |
| End of Day Share Price | 2025/07/31 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mips AB (publ) is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Karl Vikström | Berenberg |
| Emanuel Jansson | Danske Bank |