Mustang Energy Balance Sheet Health
Financial Health criteria checks 6/6
Mustang Energy has a total shareholder equity of CA$1.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.6M and CA$111.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.45m |
Equity | CA$1.47m |
Total liabilities | CA$110.97k |
Total assets | CA$1.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEC's short term assets (CA$1.5M) exceed its short term liabilities (CA$111.0K).
Long Term Liabilities: MEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MEC is debt free.
Reducing Debt: MEC currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: MEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MEC has no debt, therefore coverage of interest payments is not a concern.