Mountain Province Diamonds Balance Sheet Health
Financial Health criteria checks 3/6
Mountain Province Diamonds has a total shareholder equity of CA$342.9M and total debt of CA$325.9M, which brings its debt-to-equity ratio to 95%. Its total assets and total liabilities are CA$871.5M and CA$528.6M respectively. Mountain Province Diamonds's EBIT is CA$39.8M making its interest coverage ratio 1. It has cash and short-term investments of CA$26.5M.
Key information
95.0%
Debt to equity ratio
CA$325.87m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$26.49m |
| Equity | CA$342.94m |
| Total liabilities | CA$528.59m |
| Total assets | CA$871.53m |
Recent financial health updates
We Think Mountain Province Diamonds (TSE:MPVD) Is Taking Some Risk With Its Debt
Jun 19
We Think Mountain Province Diamonds (TSE:MPVD) Is Taking Some Risk With Its Debt
Jun 28These 4 Measures Indicate That Mountain Province Diamonds (TSE:MPVD) Is Using Debt Extensively
Feb 10Recent updates
Revenues Working Against Mountain Province Diamonds Inc.'s (TSE:MPVD) Share Price
Dec 11There's Been No Shortage Of Growth Recently For Mountain Province Diamonds' (TSE:MPVD) Returns On Capital
Oct 26Mountain Province Diamonds Inc. (TSE:MPVD) Held Back By Insufficient Growth Even After Shares Climb 33%
Sep 01Increases to Mountain Province Diamonds Inc.'s (TSE:MPVD) CEO Compensation Might Cool off for now
Jun 21We Think Mountain Province Diamonds (TSE:MPVD) Is Taking Some Risk With Its Debt
Jun 19Investors Give Mountain Province Diamonds Inc. (TSE:MPVD) Shares A 31% Hiding
Apr 12Returns On Capital Are Showing Encouraging Signs At Mountain Province Diamonds (TSE:MPVD)
Mar 13Mountain Province Diamonds Inc. (TSE:MPVD) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Dec 18Investors Will Want Mountain Province Diamonds' (TSE:MPVD) Growth In ROCE To Persist
Oct 24One Mountain Province Diamonds Inc. (TSE:MPVD) Analyst Just Lifted Their Revenue Forecasts By A Captivating 27%
Nov 01Why Mountain Province Diamonds' (TSE:MPVD) Earnings Are Weaker Than They Seem
Aug 17We Think Mountain Province Diamonds (TSE:MPVD) Is Taking Some Risk With Its Debt
Jun 28These 4 Measures Indicate That Mountain Province Diamonds (TSE:MPVD) Is Using Debt Extensively
Feb 10Financial Position Analysis
Short Term Liabilities: MPVD's short term assets (CA$256.4M) exceed its short term liabilities (CA$74.2M).
Long Term Liabilities: MPVD's short term assets (CA$256.4M) do not cover its long term liabilities (CA$454.4M).
Debt to Equity History and Analysis
Debt Level: MPVD's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: MPVD's debt to equity ratio has increased from 85.4% to 95% 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 MPVD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MPVD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mountain Province Diamonds Inc. is covered by 11 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Sterck | BMO Capital Markets Equity Research |
| Matthew O'Keefe | Eight Capital |
| Geordie Mark | Haywood Securities Inc. |