Mineral & Financial Investments Balance Sheet Health
Financial Health criteria checks 4/6
Mineral & Financial Investments has a total shareholder equity of £10.0M and total debt of £10.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are £10.4M and £373.0K respectively.
Key information
0.1%
Debt to equity ratio
UK£10.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£10.39m |
Equity | UK£10.02m |
Total liabilities | UK£373.00k |
Total assets | UK£10.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MAFL's short term assets (£10.4M) exceed its short term liabilities (£248.0K).
Long Term Liabilities: MAFL's short term assets (£10.4M) exceed its long term liabilities (£125.0K).
Debt to Equity History and Analysis
Debt Level: MAFL has more cash than its total debt.
Reducing Debt: MAFL's debt to equity ratio has reduced from 0.2% to 0.1% over the past 5 years.
Debt Coverage: MAFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MAFL's interest payments on its debt are well covered by EBIT.