Monument Mining Balance Sheet Health
Financial Health criteria checks 5/6
Monument Mining has a total shareholder equity of $114.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $132.9M and $18.1M respectively. Monument Mining's EBIT is $5.1M making its interest coverage ratio -17. It has cash and short-term investments of $7.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -17x |
Cash | US$7.49m |
Equity | US$114.79m |
Total liabilities | US$18.08m |
Total assets | US$132.88m |
Recent financial health updates
We Think Monument Mining (CVE:MMY) Needs To Drive Business Growth Carefully
May 11We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Aug 05We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Mar 17Recent updates
We Think Monument Mining (CVE:MMY) Needs To Drive Business Growth Carefully
May 11There Is A Reason Monument Mining Limited's (CVE:MMY) Price Is Undemanding
Mar 03We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Aug 05Monument Mining Limited's (CVE:MMY) Shareholders Might Be Looking For Exit
Jun 07We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Mar 17How Is Monument Mining's (CVE:MMY) CEO Compensated?
Feb 19Financial Position Analysis
Short Term Liabilities: MMY's short term assets ($24.4M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: MMY's short term assets ($24.4M) exceed its long term liabilities ($11.0M).
Debt to Equity History and Analysis
Debt Level: MMY is debt free.
Reducing Debt: MMY had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MMY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MMY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.1% each year