MC Mining Balance Sheet Health
Financial Health criteria checks 3/6
MC Mining has a total shareholder equity of $75.4M and total debt of $18.8M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are $115.6M and $40.2M respectively.
Key information
25.0%
Debt to equity ratio
US$18.84m
Debt
| Interest coverage ratio | n/a |
| Cash | US$234.00k |
| Equity | US$75.41m |
| Total liabilities | US$40.23m |
| Total assets | US$115.64m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCM's short term assets ($2.2M) do not cover its short term liabilities ($26.6M).
Long Term Liabilities: MCM's short term assets ($2.2M) do not cover its long term liabilities ($13.6M).
Debt to Equity History and Analysis
Debt Level: MCM's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: MCM's debt to equity ratio has increased from 13.9% to 25% over the past 5 years.
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: MCM has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MCM is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.