Mighty Kingdom Balance Sheet Health
Financial Health criteria checks 4/6
Mighty Kingdom has a total shareholder equity of A$2.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.6M and A$3.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.37m |
| Equity | AU$2.93m |
| Total liabilities | AU$3.63m |
| Total assets | AU$6.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKL's short term assets (A$6.4M) exceed its short term liabilities (A$3.4M).
Long Term Liabilities: MKL's short term assets (A$6.4M) exceed its long term liabilities (A$197.3K).
Debt to Equity History and Analysis
Debt Level: MKL is debt free.
Reducing Debt: MKL currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: MKL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MKL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.4% each year