Simclar, Inc. SIMC OTC

Simclar, Inc. (SIMC) reported total assets of $55.9M and total liabilities of $38.9M for quarter ending 2008-09-30, resulting in total equity of $17M.

The company held $578.7K in cash and short-term investments. Total debt stood at $21.51M, with net debt of $20.93M. The Debt-to-Equity (D/E) ratio was 1.27 (moderate).

Current ratio is 1.22, suggesting adequate short-term liquidity. Interest coverage is 3x (adequate).

Criteria supported by this page:

• HEALTH (33/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (21/100) — Total assets $55.9M and equity $17M support the company's competitive scale

Overall SharesGrow Score: 54/100 with 2/7 criteria passed.