Manganese X Energy Balance Sheet Health
Financial Health criteria checks 6/6
Manganese X Energy has a total shareholder equity of CA$2.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.2M and CA$174.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.08m |
| Equity | CA$2.04m |
| Total liabilities | CA$174.17k |
| Total assets | CA$2.22m |
Recent financial health updates
Manganese X Energy (CVE:MN) Is In A Good Position To Deliver On Growth Plans
Mar 17
We Think Manganese X Energy (CVE:MN) Can Afford To Drive Business Growth
Jul 16We Think Manganese X Energy (CVE:MN) Can Afford To Drive Business Growth
Mar 24Is Manganese X Energy (CVE:MN) In A Good Position To Invest In Growth?
Nov 30Here's Why We're Watching Manganese X Energy's (CVE:MN) Cash Burn Situation
Aug 01Recent updates
Manganese X Energy (CVE:MN) Is In A Good Position To Deliver On Growth Plans
Mar 17We Think Manganese X Energy (CVE:MN) Can Afford To Drive Business Growth
Jul 16We Think Manganese X Energy (CVE:MN) Can Afford To Drive Business Growth
Mar 24Is Manganese X Energy (CVE:MN) In A Good Position To Invest In Growth?
Nov 30Here's Why We're Watching Manganese X Energy's (CVE:MN) Cash Burn Situation
Aug 01Financial Position Analysis
Short Term Liabilities: MN's short term assets (CA$2.2M) exceed its short term liabilities (CA$174.2K).
Long Term Liabilities: MN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MN is debt free.
Reducing Debt: MN had no debt 5 years ago.
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: MN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 18.3% each year.