McCoy Global Balance Sheet Health
Financial Health criteria checks 6/6
McCoy Global has a total shareholder equity of CA$54.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$77.2M and CA$23.3M respectively. McCoy Global's EBIT is CA$7.7M making its interest coverage ratio 22.7. It has cash and short-term investments of CA$15.7M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 22.7x |
| Cash | CA$15.73m |
| Equity | CA$53.98m |
| Total liabilities | CA$23.26m |
| Total assets | CA$77.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCCR.F's short term assets (CA$57.7M) exceed its short term liabilities (CA$20.1M).
Long Term Liabilities: MCCR.F's short term assets (CA$57.7M) exceed its long term liabilities (CA$3.2M).
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 11.8%.
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.