Montfort Capital Balance Sheet Health
Financial Health criteria checks 3/6
Montfort Capital has a total shareholder equity of CA$44.4M and total debt of CA$318.8M, which brings its debt-to-equity ratio to 718.1%. Its total assets and total liabilities are CA$374.4M and CA$330.0M respectively. Montfort Capital's EBIT is CA$35.1M making its interest coverage ratio 1. It has cash and short-term investments of CA$6.7M.
Key information
718.1%
Debt to equity ratio
CA$318.80m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$6.74m |
| Equity | CA$44.39m |
| Total liabilities | CA$329.97m |
| Total assets | CA$374.37m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MONT's short term assets (CA$294.5M) do not cover its short term liabilities (CA$310.5M).
Long Term Liabilities: MONT's short term assets (CA$294.5M) exceed its long term liabilities (CA$19.4M).
Debt to Equity History and Analysis
Debt Level: MONT's net debt to equity ratio (702.9%) is considered high.
Reducing Debt: MONT's debt to equity ratio has increased from 191.4% to 718.1% 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: MONT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MONT is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.