Mene Balance Sheet Health
Financial Health criteria checks 6/6
Mene has a total shareholder equity of CA$16.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$18.4M and CA$2.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.76m |
| Equity | CA$16.12m |
| Total liabilities | CA$2.29m |
| Total assets | CA$18.41m |
Recent financial health updates
Mene (CVE:MENE) Is Carrying A Fair Bit Of Debt
Mar 15
Is Mene (CVE:MENE) Using Too Much Debt?
Oct 11Does Mene (CVE:MENE) Have A Healthy Balance Sheet?
May 13Is Mene (CVE:MENE) Using Debt In A Risky Way?
Feb 05Does Mene (CVE:MENE) Have A Healthy Balance Sheet?
Nov 02Mene (CVE:MENE) Takes On Some Risk With Its Use Of Debt
May 04Recent updates
Mene Inc.'s (CVE:MENE) Popularity With Investors Under Threat As Stock Sinks 33%
Aug 07Mene Inc. (CVE:MENE) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
Jun 21Mene (CVE:MENE) Is Carrying A Fair Bit Of Debt
Mar 15Mene Inc.'s (CVE:MENE) Price In Tune With Revenues
Jan 03Is Mene (CVE:MENE) Using Too Much Debt?
Oct 11Mene (CVE:MENE) Shareholders Will Want The ROCE Trajectory To Continue
Aug 19Does Mene (CVE:MENE) Have A Healthy Balance Sheet?
May 13Is Mene (CVE:MENE) Using Debt In A Risky Way?
Feb 05Does Mene (CVE:MENE) Have A Healthy Balance Sheet?
Nov 02Returns At Mene (CVE:MENE) Are On The Way Up
Jul 04Mene (CVE:MENE) Takes On Some Risk With Its Use Of Debt
May 04Does Mene (CVE:MENE) Have A Healthy Balance Sheet?
Dec 03Mene (CVE:MENE) Is Doing The Right Things To Multiply Its Share Price
Sep 24Mene (CVE:MENE) Is Making Moderate Use Of Debt
Jul 19Here's Why Mene (CVE:MENE) Can Afford Some Debt
Mar 25Introducing Mene (CVE:MENE), A Stock That Climbed 38% In The Last Year
Feb 18Here's What Mene Inc.'s (CVE:MENE) Shareholder Ownership Structure Looks Like
Jan 14Mene (CVE:MENE) Is Carrying A Fair Bit Of Debt
Dec 10Financial Position Analysis
Short Term Liabilities: MENE's short term assets (CA$16.6M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: MENE's short term assets (CA$16.6M) exceed its long term liabilities (CA$592.6K).
Debt to Equity History and Analysis
Debt Level: MENE is debt free.
Reducing Debt: MENE has no debt compared to 5 years ago when its debt to equity ratio was 144.2%.
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: Whilst unprofitable MENE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MENE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.9% per year.