Manitex Capital Balance Sheet Health
Financial Health criteria checks 4/6
Manitex Capital has a total shareholder equity of CA$7.2M and total debt of CA$262.2K, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CA$8.5M and CA$1.3M respectively.
Key information
3.6%
Debt to equity ratio
CA$262.16k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$432.10k |
| Equity | CA$7.21m |
| Total liabilities | CA$1.28m |
| Total assets | CA$8.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNX's short term assets (CA$432.7K) exceed its short term liabilities (CA$426.6K).
Long Term Liabilities: MNX's short term assets (CA$432.7K) do not cover its long term liabilities (CA$852.6K).
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 increased from 1.4% to 3.6% over the past 5 years.
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: MNX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MNX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 44.5% each year