Manganese X Energy Balance Sheet Health
Financial Health criteria checks 6/6
Manganese X Energy has a total shareholder equity of CA$2.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$2.2M and CA$174.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.08m |
| Equity | CA$2.04m |
| Total liabilities | CA$174.17k |
| Total assets | CA$2.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9SC's short term assets (CA$2.2M) exceed its short term liabilities (CA$174.2K).
Long Term Liabilities: 9SC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 9SC is debt free.
Reducing Debt: 9SC 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: 9SC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 9SC has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 18.3% each year.