McCoy Global Balance Sheet Health
Financial Health criteria checks 6/6
McCoy Global has a total shareholder equity of CA$58.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$81.2M and CA$22.7M respectively. McCoy Global's EBIT is CA$7.7M making its interest coverage ratio 143.2. It has cash and short-term investments of CA$10.5M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 143.2x |
| Cash | CA$10.51m |
| Equity | CA$58.46m |
| Total liabilities | CA$22.69m |
| Total assets | CA$81.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCCR.F's short term assets (CA$62.2M) exceed its short term liabilities (CA$20.3M).
Long Term Liabilities: MCCR.F's short term assets (CA$62.2M) exceed its long term liabilities (CA$2.4M).
Debt to Equity History and Analysis
Debt Level: MCCR.F is debt free.
Reducing Debt: MCCR.F has no debt compared to 5 years ago when its debt to equity ratio was 17%.
Debt Coverage: MCCR.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MCCR.F has no debt, therefore coverage of interest payments is not a concern.