Mkango Resources Balance Sheet Health
Financial Health criteria checks 2/6
Mkango Resources has a total shareholder equity of $4.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.9M and $4.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$270.43k |
| Equity | US$3.97m |
| Total liabilities | US$4.91m |
| Total assets | US$8.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZMK's short term assets ($505.4K) do not cover its short term liabilities ($3.2M).
Long Term Liabilities: ZMK's short term assets ($505.4K) do not cover its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: ZMK is debt free.
Reducing Debt: ZMK 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: ZMK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ZMK has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.