Medclair Balance Sheet Health
Financial Health criteria checks 4/6
Medclair has a total shareholder equity of SEK51.9M and total debt of SEK513.0K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are SEK61.8M and SEK9.9M respectively. Medclair's EBIT is SEK1.6M making its interest coverage ratio 17.4. It has cash and short-term investments of SEK1.3M.
Key information
1.0%
Debt to equity ratio
kr513.00k
Debt
Interest coverage ratio | 17.4x |
Cash | kr1.33m |
Equity | kr51.94m |
Total liabilities | kr9.88m |
Total assets | kr61.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCLR's short term assets (SEK22.7M) exceed its short term liabilities (SEK9.9M).
Long Term Liabilities: MCLR's short term assets (SEK22.7M) exceed its long term liabilities (SEK20.0K).
Debt to Equity History and Analysis
Debt Level: MCLR has more cash than its total debt.
Reducing Debt: MCLR's debt to equity ratio has increased from 0% to 1% over the past 5 years.
Debt Coverage: MCLR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MCLR's interest payments on its debt are well covered by EBIT (17.4x coverage).