MCF Energy Balance Sheet Health
Financial Health criteria checks 2/6
MCF Energy has a total shareholder equity of CA$28.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$44.8M and CA$16.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$2.25m |
Equity | CA$28.01m |
Total liabilities | CA$16.74m |
Total assets | CA$44.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCFN.F's short term assets (CA$2.4M) do not cover its short term liabilities (CA$5.5M).
Long Term Liabilities: MCFN.F's short term assets (CA$2.4M) do not cover its long term liabilities (CA$11.2M).
Debt to Equity History and Analysis
Debt Level: MCFN.F is debt free.
Reducing Debt: MCFN.F has no debt compared to 5 years ago when its debt to equity ratio was 4225.3%.
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: MCFN.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MCFN.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.8% each year