Manitex Capital Balance Sheet Health
Financial Health criteria checks 4/6
Manitex Capital has a total shareholder equity of CA$9.3M and total debt of CA$256.0K, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CA$10.6M and CA$1.3M respectively.
Key information
2.7%
Debt to equity ratio
CA$255.96k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.68m |
| Equity | CA$9.32m |
| Total liabilities | CA$1.30m |
| Total assets | CA$10.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNX's short term assets (CA$1.7M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: MNX's short term assets (CA$1.7M) exceed its long term liabilities (CA$55.8K).
Debt to Equity History and Analysis
Debt Level: MNX has more cash than its total debt.
Reducing Debt: MNX's debt to equity ratio has reduced from 31.6% to 2.7% over the past 5 years.
Debt Coverage: MNX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MNX's interest payments on its debt are well covered by EBIT.