Matachewan Consolidated Mines Balance Sheet Health
Financial Health criteria checks 3/6
Matachewan Consolidated Mines has a total shareholder equity of CA$6.3M and total debt of CA$1.4M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CA$7.9M and CA$1.6M respectively.
Key information
22.6%
Debt to equity ratio
CA$1.43m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.03m |
| Equity | CA$6.30m |
| Total liabilities | CA$1.59m |
| Total assets | CA$7.89m |
Recent financial health updates
No updates
Recent updates
Calculating The Fair Value Of Matachewan Consolidated Mines, Limited (CVE:MCM.A)
Sep 20
Matachewan 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$7.1M) exceed its short term liabilities (CA$1.6M).
Long Term Liabilities: MCM.A's short term assets (CA$7.1M) exceed its long term liabilities (CA$17.7K).
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 increased from 22.3% to 22.6% 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.