Microwave Filter Company Balance Sheet Health
Financial Health criteria checks 6/6
Microwave Filter Company has a total shareholder equity of $2.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2M and $260.7K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$940.32k |
Equity | US$1.98m |
Total liabilities | US$260.70k |
Total assets | US$2.24m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MFCO's short term assets ($1.5M) exceed its short term liabilities ($248.5K).
Long Term Liabilities: MFCO's short term assets ($1.5M) exceed its long term liabilities ($12.2K).
Debt to Equity History and Analysis
Debt Level: MFCO is debt free.
Reducing Debt: MFCO has no debt compared to 5 years ago when its debt to equity ratio was 22.8%.
Debt Coverage: MFCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MFCO has no debt, therefore coverage of interest payments is not a concern.