Mycronic Balance Sheet Health

Financial Health criteria checks 6/6

Mycronic has a total shareholder equity of SEK5.3B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK8.3B and SEK3.1B respectively. Mycronic's EBIT is SEK1.3B making its interest coverage ratio -46.3. It has cash and short-term investments of SEK2.1B.

Key information

0%

Debt to equity ratio

kr0

Debt

Interest coverage ratio-46.3x
Cashkr2.14b
Equitykr5.28b
Total liabilitieskr3.06b
Total assetskr8.34b

Recent financial health updates

Recent updates

Statutory Profit Doesn't Reflect How Good Mycronic's (STO:MYCR) Earnings Are

Apr 11
Statutory Profit Doesn't Reflect How Good Mycronic's (STO:MYCR) Earnings Are

Mycronic's (STO:MYCR) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 07
Mycronic's (STO:MYCR) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns On Capital At Mycronic (STO:MYCR) Paint A Concerning Picture

Apr 06
Returns On Capital At Mycronic (STO:MYCR) Paint A Concerning Picture

Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK4.50

Mar 23
Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK4.50

Investors Still Waiting For A Pull Back In Mycronic AB (publ) (STO:MYCR)

Mar 21
Investors Still Waiting For A Pull Back In Mycronic AB (publ) (STO:MYCR)

Mycronic (STO:MYCR) Is Paying Out A Larger Dividend Than Last Year

Feb 15
Mycronic (STO:MYCR) Is Paying Out A Larger Dividend Than Last Year

Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

Jan 19
Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

Should You Think About Buying Mycronic AB (publ) (STO:MYCR) Now?

Jan 04
Should You Think About Buying Mycronic AB (publ) (STO:MYCR) Now?

Mycronic AB (publ) (STO:MYCR) Not Flying Under The Radar

Dec 18
Mycronic AB (publ) (STO:MYCR) Not Flying Under The Radar

The Returns On Capital At Mycronic (STO:MYCR) Don't Inspire Confidence

Nov 07
The Returns On Capital At Mycronic (STO:MYCR) Don't Inspire Confidence

Mycronic (STO:MYCR) Could Easily Take On More Debt

Oct 05
Mycronic (STO:MYCR) Could Easily Take On More Debt

Calculating The Intrinsic Value Of Mycronic AB (publ) (STO:MYCR)

Aug 29
Calculating The Intrinsic Value Of Mycronic AB (publ) (STO:MYCR)

Mycronic (STO:MYCR) Could Easily Take On More Debt

Jul 02
Mycronic (STO:MYCR) Could Easily Take On More Debt

Be Wary Of Mycronic (STO:MYCR) And Its Returns On Capital

Jun 13
Be Wary Of Mycronic (STO:MYCR) And Its Returns On Capital

Mycronic's (STO:MYCR) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05
Mycronic's (STO:MYCR) Upcoming Dividend Will Be Larger Than Last Year's

Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

Mar 14
Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

What Does Mycronic AB (publ)'s (STO:MYCR) Share Price Indicate?

Mar 01
What Does Mycronic AB (publ)'s (STO:MYCR) Share Price Indicate?

Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK3.50

Feb 13
Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK3.50

The Returns On Capital At Mycronic (STO:MYCR) Don't Inspire Confidence

Jan 27
The Returns On Capital At Mycronic (STO:MYCR) Don't Inspire Confidence

Here's Why Mycronic (STO:MYCR) Can Manage Its Debt Responsibly

Dec 02
Here's Why Mycronic (STO:MYCR) Can Manage Its Debt Responsibly

When Should You Buy Mycronic AB (publ) (STO:MYCR)?

Oct 19
When Should You Buy Mycronic AB (publ) (STO:MYCR)?

Mycronic (STO:MYCR) Could Be Struggling To Allocate Capital

Oct 03
Mycronic (STO:MYCR) Could Be Struggling To Allocate Capital

Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

Aug 22
Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?

What Is Mycronic AB (publ)'s (STO:MYCR) Share Price Doing?

Jul 11
What Is Mycronic AB (publ)'s (STO:MYCR) Share Price Doing?

Mycronic (STO:MYCR) Will Want To Turn Around Its Return Trends

Jun 28
Mycronic (STO:MYCR) Will Want To Turn Around Its Return Trends

These 4 Measures Indicate That Mycronic (STO:MYCR) Is Using Debt Reasonably Well

May 15
These 4 Measures Indicate That Mycronic (STO:MYCR) Is Using Debt Reasonably Well

Mycronic (STO:MYCR) Has Affirmed Its Dividend Of kr3.00

Apr 22
Mycronic (STO:MYCR) Has Affirmed Its Dividend Of kr3.00

Mycronic's (STO:MYCR) Dividend Will Be kr3.00

Apr 06
Mycronic's (STO:MYCR) Dividend Will Be kr3.00

Mycronic (STO:MYCR) Has Re-Affirmed Its Dividend Of kr3.00

Mar 23
Mycronic (STO:MYCR) Has Re-Affirmed Its Dividend Of kr3.00

Mycronic (STO:MYCR) May Have Issues Allocating Its Capital

Feb 23
Mycronic (STO:MYCR) May Have Issues Allocating Its Capital

Mycronic (STO:MYCR) Will Pay A Dividend Of kr3.00

Feb 12
Mycronic (STO:MYCR) Will Pay A Dividend Of kr3.00

An Intrinsic Calculation For Mycronic AB (publ) (STO:MYCR) Suggests It's 48% Undervalued

Jan 23
An Intrinsic Calculation For Mycronic AB (publ) (STO:MYCR) Suggests It's 48% Undervalued

Is Now The Time To Look At Buying Mycronic AB (publ) (STO:MYCR)?

Dec 26
Is Now The Time To Look At Buying Mycronic AB (publ) (STO:MYCR)?

Mycronic (STO:MYCR) Could Be Struggling To Allocate Capital

Nov 17
Mycronic (STO:MYCR) Could Be Struggling To Allocate Capital

Calculating The Fair Value Of Mycronic AB (publ) (STO:MYCR)

Oct 16
Calculating The Fair Value Of Mycronic AB (publ) (STO:MYCR)

Mycronic (STO:MYCR) Seems To Use Debt Rather Sparingly

Oct 03
Mycronic (STO:MYCR) Seems To Use Debt Rather Sparingly

Is Now The Time To Look At Buying Mycronic AB (publ) (STO:MYCR)?

Sep 21
Is Now The Time To Look At Buying Mycronic AB (publ) (STO:MYCR)?

With EPS Growth And More, Mycronic (STO:MYCR) Is Interesting

Aug 17
With EPS Growth And More, Mycronic (STO:MYCR) Is Interesting

Financial Position Analysis

Short Term Liabilities: MYCR's short term assets (SEK5.3B) exceed its short term liabilities (SEK2.5B).

Long Term Liabilities: MYCR's short term assets (SEK5.3B) exceed its long term liabilities (SEK550.0M).


Debt to Equity History and Analysis

Debt Level: MYCR is debt free.

Reducing Debt: MYCR has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.

Debt Coverage: MYCR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MYCR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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