Mill City Ventures III Balance Sheet Health
Financial Health criteria checks 6/6
Mill City Ventures III has a total shareholder equity of $18.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $19.1M and $516.4K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$376.02k |
| Equity | US$18.59m |
| Total liabilities | US$516.43k |
| Total assets | US$19.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCVT's short term assets ($1.1M) exceed its short term liabilities ($516.4K).
Long Term Liabilities: MCVT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCVT is debt free.
Reducing Debt: MCVT had no debt 5 years ago.
Debt Coverage: MCVT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MCVT has no debt, therefore coverage of interest payments is not a concern.