Mexco Energy Balance Sheet Health
Financial Health criteria checks 6/6
Mexco Energy has a total shareholder equity of $17.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $18.7M and $1.3M respectively. Mexco Energy's EBIT is $2.3M making its interest coverage ratio -26.5. It has cash and short-term investments of $3.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -26.5x |
| Cash | US$3.58m |
| Equity | US$17.42m |
| Total liabilities | US$1.27m |
| Total assets | US$18.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MXC's short term assets ($4.6M) exceed its short term liabilities ($255.0K).
Long Term Liabilities: MXC's short term assets ($4.6M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: MXC is debt free.
Reducing Debt: MXC had no debt 5 years ago.
Debt Coverage: MXC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MXC has no debt, therefore coverage of interest payments is not a concern.