Mynd.ai Balance Sheet Health
Financial Health criteria checks 3/6
Mynd.ai has a total shareholder equity of $125.6M and total debt of $101.5M, which brings its debt-to-equity ratio to 80.8%. Its total assets and total liabilities are $404.4M and $278.8M respectively.
Key information
80.8%
Debt to equity ratio
US$101.47m
Debt
Interest coverage ratio | n/a |
Cash | US$91.78m |
Equity | US$125.56m |
Total liabilities | US$278.83m |
Total assets | US$404.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYND's short term assets ($226.2M) exceed its short term liabilities ($178.6M).
Long Term Liabilities: MYND's short term assets ($226.2M) exceed its long term liabilities ($100.3M).
Debt to Equity History and Analysis
Debt Level: MYND's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MYND's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MYND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MYND's interest payments on its debt are well covered by EBIT.