Mineral & Financial Investments Balance Sheet Health
Financial Health criteria checks 4/6
Mineral & Financial Investments has a total shareholder equity of £11.4M and total debt of £10.0K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are £11.8M and £358.0K respectively.
Key information
0.09%
Debt to equity ratio
UK£10.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£11.78m |
| Equity | UK£11.45m |
| Total liabilities | UK£358.00k |
| Total assets | UK£11.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MAFL's short term assets (£11.8M) exceed its short term liabilities (£205.0K).
Long Term Liabilities: MAFL's short term assets (£11.8M) exceed its long term liabilities (£153.0K).
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 0.09% 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.