This company is no longer active
Mirada Balance Sheet Health
Financial Health criteria checks 2/6
Mirada has a total shareholder equity of $3.3M and total debt of $7.4M, which brings its debt-to-equity ratio to 228%. Its total assets and total liabilities are $16.5M and $13.2M respectively.
Key information
228.0%
Debt to equity ratio
US$7.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$87.00k |
| Equity | US$3.25m |
| Total liabilities | US$13.21m |
| Total assets | US$16.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9H7's short term assets ($5.5M) do not cover its short term liabilities ($7.0M).
Long Term Liabilities: 9H7's short term assets ($5.5M) do not cover its long term liabilities ($6.2M).
Debt to Equity History and Analysis
Debt Level: 9H7's net debt to equity ratio (225.3%) is considered high.
Reducing Debt: 9H7's debt to equity ratio has increased from 175.6% to 228% 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: Whilst unprofitable 9H7 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9H7 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.5% per year.