MEMSCAP Balance Sheet Health
Financial Health criteria checks 4/6
MEMSCAP has a total shareholder equity of €16.1M and total debt of €4.8M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are €23.5M and €7.5M respectively. MEMSCAP's EBIT is €2.5M making its interest coverage ratio 8.1. It has cash and short-term investments of €3.6M.
Key information
29.7%
Debt to equity ratio
€4.78m
Debt
Interest coverage ratio | 8.1x |
Cash | €3.59m |
Equity | €16.08m |
Total liabilities | €7.46m |
Total assets | €23.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMAP.F's short term assets (€10.4M) exceed its short term liabilities (€3.2M).
Long Term Liabilities: MMAP.F's short term assets (€10.4M) exceed its long term liabilities (€4.3M).
Debt to Equity History and Analysis
Debt Level: MMAP.F's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: MMAP.F's debt to equity ratio has increased from 8.3% to 29.7% over the past 5 years.
Debt Coverage: MMAP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MMAP.F's interest payments on its debt are well covered by EBIT (8.1x coverage).