Mips Balance Sheet Health
Financial Health criteria checks 6/6
Mips has a total shareholder equity of SEK645.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK733.0M and SEK88.0M respectively. Mips's EBIT is SEK202.0M making its interest coverage ratio -67.3. It has cash and short-term investments of SEK486.0M.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | -67.3x |
Cash | kr486.00m |
Equity | kr645.00m |
Total liabilities | kr88.00m |
Total assets | kr733.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPZA.F's short term assets (SEK632.0M) exceed its short term liabilities (SEK64.0M).
Long Term Liabilities: MPZA.F's short term assets (SEK632.0M) exceed its long term liabilities (SEK24.0M).
Debt to Equity History and Analysis
Debt Level: MPZA.F is debt free.
Reducing Debt: MPZA.F had no debt 5 years ago.
Debt Coverage: MPZA.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MPZA.F has no debt, therefore coverage of interest payments is not a concern.