Standard Mercantile Acquisition Balance Sheet Health
Financial Health criteria checks 5/6
Standard Mercantile Acquisition has a total shareholder equity of CA$2.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.4M and CA$64.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$262.38k |
Equity | CA$2.38m |
Total liabilities | CA$64.20k |
Total assets | CA$2.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SMA's short term assets (CA$2.4M) exceed its short term liabilities (CA$64.2K).
Long Term Liabilities: SMA's short term assets (CA$2.4M) do not cover its long term liabilities (CA$-1.0).
Debt to Equity History and Analysis
Debt Level: SMA is debt free.
Reducing Debt: SMA had no debt 5 years ago.
Debt Coverage: SMA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SMA has no debt, therefore coverage of interest payments is not a concern.