Montfort Capital Balance Sheet Health
Financial Health criteria checks 3/6
Montfort Capital has a total shareholder equity of CA$38.2M and total debt of CA$351.4M, which brings its debt-to-equity ratio to 919.1%. Its total assets and total liabilities are CA$402.5M and CA$364.3M respectively. Montfort Capital's EBIT is CA$27.9M making its interest coverage ratio 0.8. It has cash and short-term investments of CA$8.3M.
Key information
919.1%
Debt to equity ratio
CA$351.37m
Debt
| Interest coverage ratio | 0.8x |
| Cash | CA$8.28m |
| Equity | CA$38.23m |
| Total liabilities | CA$364.28m |
| Total assets | CA$402.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MONT.F's short term assets (CA$323.0M) do not cover its short term liabilities (CA$344.5M).
Long Term Liabilities: MONT.F's short term assets (CA$323.0M) exceed its long term liabilities (CA$19.8M).
Debt to Equity History and Analysis
Debt Level: MONT.F's net debt to equity ratio (897.4%) is considered high.
Reducing Debt: MONT.F's debt to equity ratio has increased from 221.2% to 919.1% 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: MONT.F has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MONT.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.