Mercantile Ports & Logistics Balance Sheet Health
Financial Health criteria checks 3/6
Mercantile Ports & Logistics has a total shareholder equity of £73.6M and total debt of £47.1M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are £127.0M and £53.4M respectively.
Key information
63.9%
Debt to equity ratio
UK£47.07m
Debt
Interest coverage ratio | n/a |
Cash | UK£3.92m |
Equity | UK£73.63m |
Total liabilities | UK£53.37m |
Total assets | UK£127.00m |
Financial Position Analysis
Short Term Liabilities: MPL's short term assets (£21.6M) exceed its short term liabilities (£15.5M).
Long Term Liabilities: MPL's short term assets (£21.6M) do not cover its long term liabilities (£37.9M).
Debt to Equity History and Analysis
Debt Level: MPL's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: MPL's debt to equity ratio has increased from 29.2% to 63.9% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MPL has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 39.3% each year.