Meridian Marshalls Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Meridian Marshalls Holdings has a total shareholder equity of GHS1.2M and total debt of GHS3.2M, which brings its debt-to-equity ratio to 264.5%. Its total assets and total liabilities are GHS8.5M and GHS7.3M respectively.
Key information
264.5%
Debt to equity ratio
GH₵3.24m
Debt
Interest coverage ratio | n/a |
Cash | GH₵103.16k |
Equity | GH₵1.23m |
Total liabilities | GH₵7.30m |
Total assets | GH₵8.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMH's short term assets (GHS1.7M) do not cover its short term liabilities (GHS6.9M).
Long Term Liabilities: MMH's short term assets (GHS1.7M) exceed its long term liabilities (GHS399.0K).
Debt to Equity History and Analysis
Debt Level: MMH's net debt to equity ratio (256.1%) is considered high.
Reducing Debt: MMH's debt to equity ratio has increased from 92.3% to 264.5% 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: MMH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MMH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.