Monument Mining Balance Sheet Health
Financial Health criteria checks 3/6
Monument Mining has a total shareholder equity of $113.5M and total debt of $30.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are $134.9M and $21.4M respectively. Monument Mining's EBIT is $1.5M making its interest coverage ratio -4.3. It has cash and short-term investments of $4.8M.
Key information
0.03%
Debt to equity ratio
US$30.00k
Debt
| Interest coverage ratio | -4.3x |
| Cash | US$4.84m |
| Equity | US$113.51m |
| Total liabilities | US$21.42m |
| Total assets | US$134.93m |
Recent financial health updates
We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Aug 05
We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Mar 17Recent updates
There Is A Reason Monument Mining Limited's (CVE:MMY) Price Is Undemanding
Mar 03We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Aug 05Monument Mining Limited's (CVE:MMY) Shareholders Might Be Looking For Exit
Jun 07We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate
Mar 17How Is Monument Mining's (CVE:MMY) CEO Compensated?
Feb 19Financial Position Analysis
Short Term Liabilities: MMY's short term assets ($25.9M) exceed its short term liabilities ($11.7M).
Long Term Liabilities: MMY's short term assets ($25.9M) exceed its long term liabilities ($9.7M).
Debt to Equity History and Analysis
Debt Level: MMY has more cash than its total debt.
Reducing Debt: MMY's debt to equity ratio has increased from 0% to 0.03% 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: MMY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MMY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27% each year