Micropac Industries Financial Health
How is Micropac Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MPAD's short term assets ($31.3M) exceed its short term liabilities ($4.6M).
Long Term Liabilities: MPAD's short term assets ($31.3M) exceed its long term liabilities ($14.4M).
Debt to Equity History and Analysis
Debt Level: MPAD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MPAD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MPAD's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: MPAD earns more interest than it pays, so coverage of interest payments is not a concern.