Mercantile Ports & Logistics Balance Sheet Health
Financial Health criteria checks 1/6
Mercantile Ports & Logistics has a total shareholder equity of £68.3M and total debt of £50.9M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are £124.7M and £56.3M respectively.
Key information
74.4%
Debt to equity ratio
UK£50.85m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.15m |
| Equity | UK£68.32m |
| Total liabilities | UK£56.35m |
| Total assets | UK£124.67m |
Financial Position Analysis
Short Term Liabilities: MPL's short term assets (£20.1M) exceed its short term liabilities (£19.8M).
Long Term Liabilities: MPL's short term assets (£20.1M) do not cover its long term liabilities (£36.6M).
Debt to Equity History and Analysis
Debt Level: MPL's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: MPL's debt to equity ratio has increased from 29.8% to 74.4% 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: MPL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MPL has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.5% each year.