Mycronic Balance Sheet Health
Financial Health criteria checks 6/6
Mycronic has a total shareholder equity of SEK6.1B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK9.4B and SEK3.3B respectively. Mycronic's EBIT is SEK2.1B making its interest coverage ratio -33.8. It has cash and short-term investments of SEK2.5B.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -33.8x |
| Cash | SEK 2.53b |
| Equity | SEK 6.07b |
| Total liabilities | SEK 3.31b |
| Total assets | SEK 9.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MICL.F's short term assets (SEK6.1B) exceed its short term liabilities (SEK2.7B).
Long Term Liabilities: MICL.F's short term assets (SEK6.1B) exceed its long term liabilities (SEK596.0M).
Debt to Equity History and Analysis
Debt Level: MICL.F is debt free.
Reducing Debt: MICL.F has no debt compared to 5 years ago when its debt to equity ratio was 7.3%.
Debt Coverage: MICL.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MICL.F has no debt, therefore coverage of interest payments is not a concern.