Minaean SP Construction Corp.

TSXV:MSP Stock Report

Market Cap: CA$615.8k

Minaean SP Construction Balance Sheet Health

Financial Health criteria checks 0/6

Minaean SP Construction has a total shareholder equity of CA$-919.4K and total debt of CA$143.8K, which brings its debt-to-equity ratio to -15.6%. Its total assets and total liabilities are CA$85.3K and CA$1.0M respectively.

Key information

-15.6%

Debt to equity ratio

CA$143.75k

Debt

Interest coverage ration/a
CashCA$20.27k
Equity-CA$919.38k
Total liabilitiesCA$1.00m
Total assetsCA$85.35k

Recent financial health updates

No updates

Recent updates

Should Weakness in Minaean SP Construction Corp.'s (CVE:MSP) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Jan 08
Should Weakness in Minaean SP Construction Corp.'s (CVE:MSP) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Financial Position Analysis

Short Term Liabilities: MSP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MSP 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: MSP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MSP'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: MSP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MSP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.7% each year


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