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Mincor Resources Balance Sheet Health
Financial Health criteria checks 3/6
Mincor Resources has a total shareholder equity of A$102.2M and total debt of A$29.4M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are A$277.6M and A$175.4M respectively.
Key information
28.7%
Debt to equity ratio
AU$29.37m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$85.10m |
| Equity | AU$102.16m |
| Total liabilities | AU$175.42m |
| Total assets | AU$277.59m |
Recent financial health updates
Mincor Resources (ASX:MCR) Has Debt But No Earnings; Should You Worry?
May 16
Companies Like Mincor Resources (ASX:MCR) Can Afford To Invest In Growth
Feb 16Recent updates
What You Need To Know About The Mincor Resources NL (ASX:MCR) Analyst Downgrade Today
May 01Mincor Resources NL's (ASX:MCR) Intrinsic Value Is Potentially 74% Above Its Share Price
Jan 21Mincor Resources (ASX:MCR) Has Debt But No Earnings; Should You Worry?
May 16An Intrinsic Calculation For Mincor Resources NL (ASX:MCR) Suggests It's 40% Undervalued
Apr 06Shareholders May Be More Conservative With Mincor Resources NL's (ASX:MCR) CEO Compensation For Now
Oct 28When Can We Expect A Profit From Mincor Resources NL (ASX:MCR)?
Apr 11Companies Like Mincor Resources (ASX:MCR) Can Afford To Invest In Growth
Feb 16Loss-Making Mincor Resources NL (ASX:MCR) Expected To Breakeven In The Medium-Term
Dec 25Is Mincor Resources' (ASX:MCR) Share Price Gain Of 252% Well Earned?
Jul 19Financial Position Analysis
Short Term Liabilities: MCR's short term assets (A$106.3M) do not cover its short term liabilities (A$137.4M).
Long Term Liabilities: MCR's short term assets (A$106.3M) exceed its long term liabilities (A$38.1M).
Debt to Equity History and Analysis
Debt Level: MCR has more cash than its total debt.
Reducing Debt: MCR's debt to equity ratio has increased from 0% to 28.7% 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: MCR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MCR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.