Mexco Energy Financial Health
How is Mexco Energy's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MXC's short term assets ($2.1M) exceed its short term liabilities ($338.7K).
Long Term Liabilities: MXC's short term assets ($2.1M) exceed its long term liabilities ($793.9K).
Debt to Equity History and Analysis
Debt Level: MXC is debt free.
Reducing Debt: MXC has no debt compared to 5 years ago when its debt to equity ratio was 29.4%.
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.