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Mind Cure Health Balance Sheet Health
Financial Health criteria checks 6/6
Mind Cure Health has a total shareholder equity of CA$6.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.3M and CA$99.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$6.19m |
Equity | CA$6.18m |
Total liabilities | CA$99.02k |
Total assets | CA$6.28m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MCUR's short term assets (CA$6.3M) exceed its short term liabilities (CA$99.0K).
Long Term Liabilities: MCUR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCUR is debt free.
Reducing Debt: MCUR has not had any debt for 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: MCUR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MCUR has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 14.3% each year.