Mistango River Resources Balance Sheet Health
Financial Health criteria checks 3/6
Mistango River Resources has a total shareholder equity of CA$3.3M and total debt of CA$56.1K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CA$3.8M and CA$462.9K respectively.
Key information
1.7%
Debt to equity ratio
CA$56.10k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.11m |
| Equity | CA$3.34m |
| Total liabilities | CA$462.87k |
| Total assets | CA$3.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MIS's short term assets (CA$3.7M) exceed its short term liabilities (CA$410.9K).
Long Term Liabilities: MIS's short term assets (CA$3.7M) exceed its long term liabilities (CA$51.9K).
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 1.7% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MIS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.2% each year