MCF Energy Balance Sheet Health
Financial Health criteria checks 3/6
MCF Energy has a total shareholder equity of CA$33.9M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$48.4M and CA$14.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.65m |
| Equity | CA$33.86m |
| Total liabilities | CA$14.52m |
| Total assets | CA$48.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCFN.F's short term assets (CA$3.8M) exceed its short term liabilities (CA$3.1M).
Long Term Liabilities: MCFN.F's short term assets (CA$3.8M) do not cover its long term liabilities (CA$11.4M).
Debt to Equity History and Analysis
Debt Level: MCFN.F is debt free.
Reducing Debt: MCFN.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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 26% each year