Mercado Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Mercado Minerals has a total shareholder equity of CA$279.1K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$327.7K and CA$48.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$9.70k |
| Equity | CA$279.12k |
| Total liabilities | CA$48.55k |
| Total assets | CA$327.67k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MERC's short term assets (CA$15.2K) do not cover its short term liabilities (CA$48.5K).
Long Term Liabilities: MERC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MERC is debt free.
Reducing Debt: MERC 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: MERC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MERC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.2% each year