MiniLuxe Holding Balance Sheet Health
Financial Health criteria checks 2/6
MiniLuxe Holding has a total shareholder equity of $-5.7M and total debt of $9.0M, which brings its debt-to-equity ratio to -158.8%. Its total assets and total liabilities are $13.9M and $19.6M respectively.
Key information
-158.8%
Debt to equity ratio
US$9.04m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.74m |
| Equity | -US$5.70m |
| Total liabilities | US$19.57m |
| Total assets | US$13.87m |
Recent financial health updates
No updates
Recent updates
The Market Lifts MiniLuxe Holding Corp. (CVE:MNLX) Shares 67% But It Can Do More
Nov 15
Investors Give MiniLuxe Holding Corp. (CVE:MNLX) Shares A 33% Hiding
Sep 22MiniLuxe Holding Corp. (CVE:MNLX) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 29MiniLuxe Holding Corp.'s (CVE:MNLX) 33% Jump Shows Its Popularity With Investors
Mar 29Why Investors Shouldn't Be Surprised By MiniLuxe Holding Corp.'s (CVE:MNLX) 71% Share Price Surge
Feb 10Why Investors Shouldn't Be Surprised By MiniLuxe Holding Corp.'s (CVE:MNLX) 233% Share Price Surge
Dec 26Not Many Are Piling Into MiniLuxe Holding Corp. (CVE:MNLX) Stock Yet As It Plummets 44%
Sep 23Financial Position Analysis
Short Term Liabilities: MNLX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MNLX 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: MNLX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MNLX'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: MNLX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MNLX is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MiniLuxe Holding Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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