Mindset Pharma Balance Sheet Health

Financial Health criteria checks 2/6

Mindset Pharma has a total shareholder equity of CA$-2.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.7M and CA$10.9M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$7.25m
Equity-CA$2.15m
Total liabilitiesCA$10.86m
Total assetsCA$8.71m

Recent financial health updates

Recent updates

Is Mindset Pharma (CSE:MSET) In A Good Position To Deliver On Growth Plans?

Jun 02
Is Mindset Pharma (CSE:MSET) In A Good Position To Deliver On Growth Plans?

Companies Like Mindset Pharma (CSE:MSET) Can Afford To Invest In Growth

Sep 18
Companies Like Mindset Pharma (CSE:MSET) Can Afford To Invest In Growth

We're Interested To See How Mindset Pharma (CSE:MSET) Uses Its Cash Hoard To Grow

Jun 05
We're Interested To See How Mindset Pharma (CSE:MSET) Uses Its Cash Hoard To Grow

Financial Position Analysis

Short Term Liabilities: MSET has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MSET 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: MSET is debt free.

Reducing Debt: MSET's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: MSET has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MSET has less than a year of cash runway if free cash flow continues to grow at historical rates of 47.7% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/28 16:13
End of Day Share Price 2023/10/26 00:00
Earnings2023/03/31
Annual Earnings2022/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Mindset Pharma Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stefan QuennevilleEchelon Wealth Partners Inc.
Patrick TrucchioH.C. Wainwright & Co.