Mistango River Resources Balance Sheet Health
Financial Health criteria checks 5/6
Mistango River Resources has a total shareholder equity of CA$3.8M and total debt of CA$55.0K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CA$4.1M and CA$292.7K respectively.
Key information
1.4%
Debt to equity ratio
CA$55.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.82m |
| Equity | CA$3.83m |
| Total liabilities | CA$292.69k |
| Total assets | CA$4.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MIS's short term assets (CA$4.1M) exceed its short term liabilities (CA$292.7K).
Long Term Liabilities: MIS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIS has more cash than its total debt.
Reducing Debt: MIS's debt to equity ratio has increased from 0% to 1.4% 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: MIS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: MIS has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 26.5% each year