Medical Care Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Medical Care Technologies has a total shareholder equity of $1.2M and total debt of $29.6K, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are $1.3M and $98.6K respectively.
Key information
2.5%
Debt to equity ratio
US$29.62k
Debt
| Interest coverage ratio | n/a |
| Cash | US$27.12k |
| Equity | US$1.20m |
| Total liabilities | US$98.60k |
| Total assets | US$1.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDCE's short term assets ($1.3M) exceed its short term liabilities ($98.6K).
Long Term Liabilities: MDCE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MDCE's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MDCE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MDCE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MDCE's interest payments on its debt are well covered by EBIT.