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Mimi's Rock Balance Sheet Health
Financial Health criteria checks 2/6
Key information
79.8%
Debt to equity ratio
CA$14.88m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$186.61k |
| Equity | CA$18.65m |
| Total liabilities | CA$23.03m |
| Total assets | CA$41.67m |
Recent financial health updates
Here's Why Mimi's Rock (CVE:MIMI) Has A Meaningful Debt Burden
Nov 21
These 4 Measures Indicate That Mimi's Rock (CVE:MIMI) Is Using Debt Extensively
Oct 10Does Mimi's Rock (CVE:MIMI) Have A Healthy Balance Sheet?
Feb 01Recent updates
Here's Why Mimi's Rock (CVE:MIMI) Has A Meaningful Debt Burden
Nov 21These Return Metrics Don't Make Mimi's Rock (CVE:MIMI) Look Too Strong
Sep 28These 4 Measures Indicate That Mimi's Rock (CVE:MIMI) Is Using Debt Extensively
Oct 10Mimi's Rock (CVE:MIMI) Is Doing The Right Things To Multiply Its Share Price
Jul 28Capital Allocation Trends At Mimi's Rock (CVE:MIMI) Aren't Ideal
Mar 26Does Mimi's Rock (CVE:MIMI) Have A Healthy Balance Sheet?
Feb 01How Has Mimi's Rock (CVE:MIMI) Allocated Its Capital?
Dec 10Financial Position Analysis
Short Term Liabilities: MIMI's short term assets (CA$4.2M) do not cover its short term liabilities (CA$17.3M).
Long Term Liabilities: MIMI's short term assets (CA$4.2M) do not cover its long term liabilities (CA$5.8M).
Debt to Equity History and Analysis
Debt Level: MIMI's net debt to equity ratio (78.8%) is considered high.
Reducing Debt: Insufficient data to determine if MIMI's debt to equity ratio has reduced over the 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: Whilst unprofitable MIMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MIMI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.4% per year.