Martello Technologies Group Balance Sheet Health
Financial Health criteria checks 4/6
Martello Technologies Group has a total shareholder equity of CA$1.1M and total debt of CA$9.1M, which brings its debt-to-equity ratio to 846.7%. Its total assets and total liabilities are CA$20.2M and CA$19.1M respectively.
Key information
846.7%
Debt to equity ratio
CA$9.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.63m |
| Equity | CA$1.08m |
| Total liabilities | CA$19.12m |
| Total assets | CA$20.20m |
Recent financial health updates
Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?
Oct 14
Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?
Jul 01Would Martello Technologies Group (CVE:MTLO) Be Better Off With Less Debt?
Jan 09We Think Martello Technologies Group (CVE:MTLO) Has A Fair Chunk Of Debt
Jul 20Recent updates
Martello Technologies Group Inc.'s (CVE:MTLO) 67% Price Boost Is Out Of Tune With Revenues
Mar 29There's Reason For Concern Over Martello Technologies Group Inc.'s (CVE:MTLO) Massive 33% Price Jump
Feb 13Martello Technologies Group Inc.'s (CVE:MTLO) Subdued P/S Might Signal An Opportunity
Jun 08Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?
Oct 14Is Martello Technologies Group (CVE:MTLO) Weighed On By Its Debt Load?
Jul 01Would Martello Technologies Group (CVE:MTLO) Be Better Off With Less Debt?
Jan 09We Think Some Shareholders May Hesitate To Increase Martello Technologies Group Inc.'s (CVE:MTLO) CEO Compensation
Sep 15We Think Martello Technologies Group (CVE:MTLO) Has A Fair Chunk Of Debt
Jul 20Financial Position Analysis
Short Term Liabilities: MTLO's short term assets (CA$11.3M) exceed its short term liabilities (CA$7.9M).
Long Term Liabilities: MTLO's short term assets (CA$11.3M) exceed its long term liabilities (CA$11.2M).
Debt to Equity History and Analysis
Debt Level: MTLO's net debt to equity ratio (324.4%) is considered high.
Reducing Debt: MTLO's debt to equity ratio has increased from 17% to 846.7% 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: MTLO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MTLO has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 6.1% each year.