Martello Technologies Group Balance Sheet Health
Financial Health criteria checks 2/6
Martello Technologies Group has a total shareholder equity of CA$-312.0K and total debt of CA$10.1M, which brings its debt-to-equity ratio to -3240.4%. Its total assets and total liabilities are CA$19.6M and CA$19.9M respectively.
Key information
-3,240.4%
Debt to equity ratio
CA$10.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.36m |
| Equity | -CA$312.05k |
| Total liabilities | CA$19.91m |
| Total assets | CA$19.60m |
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 01Recent updates
Optimistic Investors Push Martello Technologies Group Inc. (CVE:MTLO) Shares Up 50% But Growth Is Lacking
Oct 25Revenues Working Against Martello Technologies Group Inc.'s (CVE:MTLO) Share Price Following 33% Dive
Sep 06What Martello Technologies Group Inc.'s (CVE:MTLO) 33% Share Price Gain Is Not Telling You
Jul 23Martello Technologies Group Inc. (CVE:MTLO) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Jun 06Martello 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 01Financial Position Analysis
Short Term Liabilities: MTLO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MTLO 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: MTLO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MTLO'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: 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 2.8 years if free cash flow continues to grow at historical rates of 7.2% each year.