Micropac Industries Balance Sheet Health
Financial Health criteria checks 4/6
Micropac Industries has a total shareholder equity of $39.2M and total debt of $15.4M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are $58.3M and $19.1M respectively. Micropac Industries's EBIT is $5.2M making its interest coverage ratio -35.4. It has cash and short-term investments of $11.2M.
Key information
39.4%
Debt to equity ratio
US$15.45m
Debt
| Interest coverage ratio | -35.4x |
| Cash | US$11.22m |
| Equity | US$39.24m |
| Total liabilities | US$19.08m |
| Total assets | US$58.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MPAD's short term assets ($34.2M) exceed its short term liabilities ($4.1M).
Long Term Liabilities: MPAD's short term assets ($34.2M) exceed its long term liabilities ($15.0M).
Debt to Equity History and Analysis
Debt Level: MPAD's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: MPAD's debt to equity ratio has increased from 0% to 39.4% over the past 5 years.
Debt Coverage: MPAD's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: MPAD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:23 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/08/24 |
| Annual Earnings | 2023/11/30 |
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 here.
Analysis Model and Snowflake
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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
Micropac Industries, Inc. is covered by 0 analysts. 0 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 |
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