Mercantile Ports & Logistics Balance Sheet Health
Financial Health criteria checks 2/6
Mercantile Ports & Logistics has a total shareholder equity of £91.0M and total debt of £40.2M, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are £144.5M and £53.5M respectively.
Key information
44.1%
Debt to equity ratio
UK£40.16m
Debt
Interest coverage ratio | n/a |
Cash | UK£7.63m |
Equity | UK£90.99m |
Total liabilities | UK£53.48m |
Total assets | UK£144.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9KS0's short term assets (£22.1M) exceed its short term liabilities (£16.6M).
Long Term Liabilities: 9KS0's short term assets (£22.1M) do not cover its long term liabilities (£36.9M).
Debt to Equity History and Analysis
Debt Level: 9KS0's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: 9KS0's debt to equity ratio has increased from 37.9% to 44.1% 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: Insufficient data to determine if 9KS0 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 9KS0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.