Matachewan Consolidated Mines Balance Sheet Health
Financial Health criteria checks 4/6
Matachewan Consolidated Mines has a total shareholder equity of CA$8.4M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CA$9.7M and CA$1.3M respectively.
Key information
14.3%
Debt to equity ratio
CA$1.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$8.86m |
| Equity | CA$8.41m |
| Total liabilities | CA$1.31m |
| Total assets | CA$9.71m |
Recent financial health updates
No updates
Recent updates
Additional Considerations Required While Assessing Matachewan Consolidated Mines' (CVE:MCM.A) Strong Earnings
Dec 03
Calculating The Fair Value Of Matachewan Consolidated Mines, Limited (CVE:MCM.A)
Sep 20Matachewan Consolidated Mines, Limited's (CVE:MCM.A) Shares Leap 45% Yet They're Still Not Telling The Full Story
May 04We Wouldn't Rely On Matachewan Consolidated Mines's (CVE:MCM.A) Statutory Earnings As A Guide
Jan 18
I Ran A Stock Scan For Earnings Growth And Matachewan Consolidated Mines (CVE:MCM.A) Passed With Ease
Nov 27Financial Position Analysis
Short Term Liabilities: MCM.A's short term assets (CA$9.0M) exceed its short term liabilities (CA$1.3M).
Long Term Liabilities: MCM.A has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCM.A has more cash than its total debt.
Reducing Debt: MCM.A's debt to equity ratio has reduced from 19.6% to 14.3% over the past 5 years.
Debt Coverage: MCM.A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MCM.A's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:33 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Matachewan Consolidated Mines, Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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