Mint Balance Sheet Health
Financial Health criteria checks 3/6
Mint has a total shareholder equity of CA$359.4K and total debt of CA$282.4K, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are CA$1.1M and CA$774.7K respectively.
Key information
78.6%
Debt to equity ratio
CA$282.38k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.95k |
| Equity | CA$359.38k |
| Total liabilities | CA$774.69k |
| Total assets | CA$1.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIT's short term assets (CA$1.1M) exceed its short term liabilities (CA$774.7K).
Long Term Liabilities: MIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIT's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: MIT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MIT's interest payments on its debt are well covered by EBIT.