Mirriad Advertising Balance Sheet Health
Financial Health criteria checks 5/6
Mirriad Advertising has a total shareholder equity of £8.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £10.3M and £2.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£8.29m |
| Equity | UK£8.24m |
| Total liabilities | UK£2.04m |
| Total assets | UK£10.28m |
Recent financial health updates
Here's Why We're A Bit Worried About Mirriad Advertising's (LON:MIRI) Cash Burn Situation
Sep 14
Is Mirriad Advertising (LON:MIRI) In A Good Position To Invest In Growth?
May 13We're Hopeful That Mirriad Advertising (LON:MIRI) Will Use Its Cash Wisely
Jan 19Companies Like Mirriad Advertising (LON:MIRI) Are In A Position To Invest In Growth
Sep 23We're Interested To See How Mirriad Advertising (LON:MIRI) Uses Its Cash Hoard To Grow
May 21Companies Like Mirriad Advertising (LON:MIRI) Are In A Position To Invest In Growth
Feb 05Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Mirriad Advertising plc (LON:MIRI)
Jun 22Here's Why We're A Bit Worried About Mirriad Advertising's (LON:MIRI) Cash Burn Situation
Sep 14Is Mirriad Advertising (LON:MIRI) In A Good Position To Invest In Growth?
May 13We're Hopeful That Mirriad Advertising (LON:MIRI) Will Use Its Cash Wisely
Jan 19Companies Like Mirriad Advertising (LON:MIRI) Are In A Position To Invest In Growth
Sep 23We're Interested To See How Mirriad Advertising (LON:MIRI) Uses Its Cash Hoard To Grow
May 21Companies Like Mirriad Advertising (LON:MIRI) Are In A Position To Invest In Growth
Feb 05What Kind Of Investors Own Most Of Mirriad Advertising plc (LON:MIRI)?
Jan 01Shareholders Are Thrilled That The Mirriad Advertising (LON:MIRI) Share Price Increased 166%
Nov 27Financial Position Analysis
Short Term Liabilities: MIRI's short term assets (£10.2M) exceed its short term liabilities (£2.0M).
Long Term Liabilities: MIRI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIRI is debt free.
Reducing Debt: MIRI has not had any debt for 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: MIRI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MIRI has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.1% each year.