Mycronic Balance Sheet Health

Financial Health criteria checks 6/6

Mycronic has a total shareholder equity of SEK6.1B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK9.4B and SEK3.3B respectively. Mycronic's EBIT is SEK2.1B making its interest coverage ratio -33.8. It has cash and short-term investments of SEK2.5B.

Key information

0%

Debt to equity ratio

SEK 0

Debt

Interest coverage ratio-33.8x
CashSEK 2.53b
EquitySEK 6.07b
Total liabilitiesSEK 3.31b
Total assetsSEK 9.38b

Recent financial health updates

Recent updates

Mycronic (STO:MYCR) Knows How To Allocate Capital

Dec 09
Mycronic (STO:MYCR) Knows How To Allocate Capital

Is There An Opportunity With Mycronic AB (publ)'s (STO:MYCR) 28% Undervaluation?

Nov 25
Is There An Opportunity With Mycronic AB (publ)'s (STO:MYCR) 28% Undervaluation?

Mycronic AB (publ) Beat Revenue Forecasts By 15%: Here's What Analysts Are Forecasting Next

Oct 27
Mycronic AB (publ) Beat Revenue Forecasts By 15%: Here's What Analysts Are Forecasting Next

Mycronic AB (publ)'s (STO:MYCR) Popularity With Investors Is Under Threat From Overpricing

Sep 23
Mycronic AB (publ)'s (STO:MYCR) Popularity With Investors Is Under Threat From Overpricing

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

Sep 09
When Should You Buy Mycronic AB (publ) (STO:MYCR)?

Is There An Opportunity With Mycronic AB (publ)'s (STO:MYCR) 29% Undervaluation?

Aug 26
Is There An Opportunity With Mycronic AB (publ)'s (STO:MYCR) 29% Undervaluation?

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

Jul 30
Be Wary Of Mycronic (STO:MYCR) And Its Returns On Capital

Analysts Are Updating Their Mycronic AB (publ) (STO:MYCR) Estimates After Its Second-Quarter Results

Jul 17
Analysts Are Updating Their Mycronic AB (publ) (STO:MYCR) Estimates After Its Second-Quarter Results

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

May 09
Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK4.50

Shareholders May Be More Conservative With Mycronic AB (publ)'s (STO:MYCR) CEO Compensation For Now

May 02
Shareholders May Be More Conservative With Mycronic AB (publ)'s (STO:MYCR) CEO Compensation For Now

Mycronic (STO:MYCR) Has Announced That It Will Be Increasing Its Dividend To SEK4.50

Apr 22
Mycronic (STO:MYCR) Has Announced That It Will Be Increasing Its Dividend To SEK4.50

Mycronic AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 21
Mycronic AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

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

Financial Position Analysis

Short Term Liabilities: MYCR's short term assets (SEK6.1B) exceed its short term liabilities (SEK2.7B).

Long Term Liabilities: MYCR's short term assets (SEK6.1B) exceed its long term liabilities (SEK596.0M).


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 7.3%.

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:18
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Mycronic AB (publ) is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nils SjogrenABG Sundal Collier Sponsored
Mikael LaséenCarnegie Investment Bank AB
Björn EnarsonDanske Bank