Midwest Energy Emissions Corp.

TSXV:MEEC Stock Report

Market Cap: CA$93.4m

Midwest Energy Emissions Balance Sheet Health

Financial Health criteria checks 5/6

Midwest Energy Emissions has a total shareholder equity of $8.3M and total debt of $3.2M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are $17.1M and $8.8M respectively.

Key information

38.5%

Debt to equity ratio

US$3.18m

Debt

Interest coverage ration/a
CashUS$11.19m
EquityUS$8.26m
Total liabilitiesUS$8.83m
Total assetsUS$17.08m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MEEC's short term assets ($13.7M) exceed its short term liabilities ($5.4M).

Long Term Liabilities: MEEC's short term assets ($13.7M) exceed its long term liabilities ($3.4M).


Debt to Equity History and Analysis

Debt Level: MEEC has more cash than its total debt.

Reducing Debt: MEEC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: MEEC's debt is well covered by operating cash flow (566.4%).

Interest Coverage: Insufficient data to determine if MEEC's interest payments on its debt are well covered by EBIT.


Balance Sheet


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