Manitex Capital Balance Sheet Health
Financial Health criteria checks 3/6
Manitex Capital has a total shareholder equity of CA$8.2M and total debt of CA$264.4K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CA$9.5M and CA$1.3M respectively.
Key information
3.2%
Debt to equity ratio
CA$264.44k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$732.19k |
| Equity | CA$8.21m |
| Total liabilities | CA$1.30m |
| Total assets | CA$9.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNX's short term assets (CA$732.9K) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: MNX's short term assets (CA$732.9K) exceed its long term liabilities (CA$50.7K).
Debt to Equity History and Analysis
Debt Level: MNX has more cash than its total debt.
Reducing Debt: MNX's debt to equity ratio has reduced from 20% to 3.2% over the past 5 years.
Debt Coverage: MNX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MNX's interest payments on its debt are well covered by EBIT.