Mission Ready Solutions Balance Sheet Health
Financial Health criteria checks 0/6
Mission Ready Solutions has a total shareholder equity of CA$-9.6M and total debt of CA$10.0M, which brings its debt-to-equity ratio to -103.8%. Its total assets and total liabilities are CA$2.2M and CA$11.8M respectively.
Key information
-103.8%
Debt to equity ratio
CA$9.97m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$246.81k |
| Equity | -CA$9.61m |
| Total liabilities | CA$11.77m |
| Total assets | CA$2.16m |
Recent financial health updates
We Think Mission Ready Solutions (CVE:MRS) Has A Fair Chunk Of Debt
Sep 22
Is Mission Ready Solutions (CVE:MRS) Using Too Much Debt?
May 07We Think Mission Ready Solutions (CVE:MRS) Can Stay On Top Of Its Debt
Dec 27Here's Why Mission Ready Solutions (CVE:MRS) Can Manage Its Debt Responsibly
Sep 06Is Mission Ready Solutions (CVE:MRS) A Risky Investment?
May 20Recent updates
We Think Mission Ready Solutions (CVE:MRS) Has A Fair Chunk Of Debt
Sep 22Is Mission Ready Solutions (CVE:MRS) Using Too Much Debt?
May 07We Think Mission Ready Solutions (CVE:MRS) Can Stay On Top Of Its Debt
Dec 27Here's Why Mission Ready Solutions (CVE:MRS) Can Manage Its Debt Responsibly
Sep 06We Think That There Are Issues Underlying Mission Ready Solutions' (CVE:MRS) Earnings
Jun 02Is Mission Ready Solutions (CVE:MRS) A Risky Investment?
May 20Is Mission Ready Solutions (CVE:MRS) A Risky Investment?
Jan 08Financial Position Analysis
Short Term Liabilities: MRS.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MRS.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MRS.H has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MRS.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: MRS.H has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MRS.H has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.5% each year.