Metalo Manufacturing Balance Sheet Health
Financial Health criteria checks 0/6
Metalo Manufacturing has a total shareholder equity of CA$-12.0M and total debt of CA$12.1M, which brings its debt-to-equity ratio to -100.5%. Its total assets and total liabilities are CA$1.5M and CA$13.5M respectively.
Key information
-100.5%
Debt to equity ratio
CA$12.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$8.56k |
| Equity | -CA$12.01m |
| Total liabilities | CA$13.48m |
| Total assets | CA$1.48m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MMI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MMI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MMI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MMI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MMI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MMI's interest payments on its debt are well covered by EBIT.