Mirion Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Mirion Technologies has a total shareholder equity of $1.6B and total debt of $685.5M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are $2.7B and $1.1B respectively. Mirion Technologies's EBIT is $12.7M making its interest coverage ratio 0.2. It has cash and short-term investments of $139.1M.
Key information
43.5%
Debt to equity ratio
US$685.50m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$139.10m |
| Equity | US$1.57b |
| Total liabilities | US$1.08b |
| Total assets | US$2.65b |
Recent financial health updates
Mirion Technologies (NYSE:MIR) Seems To Use Debt Quite Sensibly
Dec 04
Is Mirion Technologies (NYSE:MIR) Using Too Much Debt?
Jul 31Is Mirion Technologies (NYSE:MIR) Using Too Much Debt?
May 02Recent updates
Mirion Technologies, Inc.'s (NYSE:MIR) Shareholders Might Be Looking For Exit
Jan 31Calculating The Fair Value Of Mirion Technologies, Inc. (NYSE:MIR)
Jan 10Mirion Technologies (NYSE:MIR) Seems To Use Debt Quite Sensibly
Dec 04What Mirion Technologies, Inc.'s (NYSE:MIR) 27% Share Price Gain Is Not Telling You
Oct 30Capital Allocation Trends At Mirion Technologies (NYSE:MIR) Aren't Ideal
Oct 12What Mirion Technologies, Inc.'s (NYSE:MIR) P/S Is Not Telling You
Sep 07Is Mirion Technologies (NYSE:MIR) Using Too Much Debt?
Jul 31Revenues Not Telling The Story For Mirion Technologies, Inc. (NYSE:MIR)
Jun 04Is Mirion Technologies (NYSE:MIR) Using Too Much Debt?
May 02Is Mirion Technologies, Inc. (NYSE:MIR) Potentially Undervalued?
Apr 05Getting In Cheap On Mirion Technologies, Inc. (NYSE:MIR) Is Unlikely
Feb 22Calculating The Fair Value Of Mirion Technologies, Inc. (NYSE:MIR)
Jan 13Mirion Technologies: A Good Way To Diversify Uranium Sector Exposure
Dec 27Mirion Technologies: Growing Steadily But Lacking Necessary Price Discount
Oct 02Mirion Technologies: Wait When The Targets Are Met
Aug 28Mirion Technologies, Inc.'s (NYSE:MIR) Shareholders Might Be Looking For Exit
Jun 08Is There An Opportunity With Mirion Technologies, Inc.'s (NYSE:MIR) 43% Undervaluation?
May 04Mirion Technologies to benefit from $150M investment from T. Rowe Price
Feb 21Mirion Technologies Non-GAAP EPS of $0.11 misses by $0.01, revenue of $217.9M beats by $17.11M, initiates 2023 outlook
Feb 14Mirion Technologies, Inc. (NYSE:MIR) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jan 07Mirion Technologies: A Smart Way To Be Bullish On Clean Energy
Oct 05A Look At The Intrinsic Value Of Mirion Technologies, Inc. (NYSE:MIR)
Sep 02Mirion Technologies acquires CI business of Collins Aerospace
Aug 09Mirion Technologies Non-GAAP EPS of $0.13 beats by $0.01, revenue of $175.8M misses by $5.32M
Jul 29Financial Position Analysis
Short Term Liabilities: MIR's short term assets ($546.5M) exceed its short term liabilities ($252.6M).
Long Term Liabilities: MIR's short term assets ($546.5M) do not cover its long term liabilities ($826.4M).
Debt to Equity History and Analysis
Debt Level: MIR's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: MIR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MIR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MIR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.3% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 02:37 |
| End of Day Share Price | 2025/02/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Mirion Technologies, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Mason | Baird |
| Yuan Zhi | B. Riley Securities, Inc. |
| Andrew Kaplowitz | Citigroup Inc |