Mirion Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Mirion Technologies has a total shareholder equity of $1.5B and total debt of $832.8M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $2.7B and $1.2B respectively. Mirion Technologies's EBIT is $48.5M making its interest coverage ratio 1.1. It has cash and short-term investments of $268.7M.
Key information
55.02%
Debt to equity ratio
US$832.80m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$268.70m |
| Equity | US$1.51b |
| Total liabilities | US$1.22b |
| Total assets | US$2.74b |
Recent financial health updates
Here's Why Mirion Technologies (NYSE:MIR) Can Manage Its Debt Responsibly
Jul 17
Mirion Technologies (NYSE:MIR) Seems To Use Debt Quite Sensibly
Apr 08Mirion Technologies (NYSE:MIR) Seems To Use Debt Quite Sensibly
Dec 04Recent updates
Mirion Technologies: Earnings Compounder Backed By Strong Structural Tailwind
Oct 13Here's Why Mirion Technologies (NYSE:MIR) Can Manage Its Debt Responsibly
Jul 17Returns On Capital Signal Tricky Times Ahead For Mirion Technologies (NYSE:MIR)
Jun 20Mirion Technologies, Inc. (NYSE:MIR) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
May 14Mirion Technologies (NYSE:MIR) Seems To Use Debt Quite Sensibly
Apr 08
Global Demand For Nuclear Infrastructure Will Strengthen Industry Prospects In 2025
Strategic positioning in nuclear sectors and regulatory tailwinds are likely to drive significant revenue growth and operational improvement.Returns On Capital Signal Tricky Times Ahead For Mirion Technologies (NYSE:MIR)
Mar 03Mirion 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 30Mirion Technologies: A Good Way To Diversify Uranium Sector Exposure
Dec 27Financial Position Analysis
Short Term Liabilities: MIR's short term assets ($693.2M) exceed its short term liabilities ($272.4M).
Long Term Liabilities: MIR's short term assets ($693.2M) do not cover its long term liabilities ($951.8M).
Debt to Equity History and Analysis
Debt Level: MIR's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: MIR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MIR's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: MIR's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/13 09:10 |
| End of Day Share Price | 2025/10/10 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Mirion Technologies, Inc. is covered by 8 analysts. 4 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 |