mdf commerce Balance Sheet Health
Financial Health criteria checks 4/6
mdf commerce has a total shareholder equity of CA$238.5M and total debt of CA$1.2M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CA$304.8M and CA$66.4M respectively.
Key information
0.5%
Debt to equity ratio
CA$1.24m
Debt
Interest coverage ratio | n/a |
Cash | CA$5.02m |
Equity | CA$238.45m |
Total liabilities | CA$66.36m |
Total assets | CA$304.81m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6QT's short term assets (CA$36.9M) do not cover its short term liabilities (CA$51.8M).
Long Term Liabilities: 6QT's short term assets (CA$36.9M) exceed its long term liabilities (CA$14.5M).
Debt to Equity History and Analysis
Debt Level: 6QT has more cash than its total debt.
Reducing Debt: 6QT's debt to equity ratio has reduced from 19.8% to 0.5% 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: 6QT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6QT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.