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Montagne et Neige Développement Balance Sheet Health
Financial Health criteria checks 2/6
Montagne et Neige Développement has a total shareholder equity of €16.8M and total debt of €40.6M, which brings its debt-to-equity ratio to 241.1%. Its total assets and total liabilities are €148.6M and €131.8M respectively.
Key information
241.1%
Debt to equity ratio
€40.61m
Debt
Interest coverage ratio | n/a |
Cash | €546.00k |
Equity | €16.85m |
Total liabilities | €131.79m |
Total assets | €148.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2MN0's short term assets (€91.6M) do not cover its short term liabilities (€91.6M).
Long Term Liabilities: 2MN0's short term assets (€91.6M) exceed its long term liabilities (€40.2M).
Debt to Equity History and Analysis
Debt Level: 2MN0's net debt to equity ratio (237.8%) is considered high.
Reducing Debt: 2MN0's debt to equity ratio has reduced from 651.1% to 241.1% 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: 2MN0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2MN0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.