MYCELX Technologies Balance Sheet Health
Financial Health criteria checks 6/6
MYCELX Technologies has a total shareholder equity of $5.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.7M and $2.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.07m |
| Equity | US$5.81m |
| Total liabilities | US$2.91m |
| Total assets | US$8.72m |
Recent financial health updates
Recent updates
What MYCELX Technologies Corporation's (LON:MYX) P/S Is Not Telling You
Sep 24
What MYCELX Technologies Corporation's (LON:MYX) P/S Is Not Telling You
Feb 24MYCELX Technologies Corporation's (LON:MYX) CEO Looks Like They Deserve Their Pay Packet
Sep 20We Discuss Why MYCELX Technologies Corporation's (LON:MYX) CEO Compensation May Be Closely Reviewed
Jul 01Is MYCELX Technologies (LON:MYX) A Risky Investment?
May 31Financial Position Analysis
Short Term Liabilities: MYX's short term assets ($5.6M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: MYX's short term assets ($5.6M) exceed its long term liabilities ($997.0K).
Debt to Equity History and Analysis
Debt Level: MYX is debt free.
Reducing Debt: MYX has no debt compared to 5 years ago when its debt to equity ratio was 7.8%.
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: MYX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MYX is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.