MachTen Balance Sheet Health
Financial Health criteria checks 5/6
MachTen has a total shareholder equity of $8.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $30.0M and $21.6M respectively. MachTen's EBIT is $5.2M making its interest coverage ratio 126.1. It has cash and short-term investments of $1.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 126.1x |
| Cash | US$1.57m |
| Equity | US$8.42m |
| Total liabilities | US$21.58m |
| Total assets | US$30.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MACT's short term assets ($5.5M) do not cover its short term liabilities ($18.3M).
Long Term Liabilities: MACT's short term assets ($5.5M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: MACT is debt free.
Reducing Debt: MACT has not had any debt for past 5 years.
Debt Coverage: MACT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MACT has no debt, therefore coverage of interest payments is not a concern.