Mega Uranium Balance Sheet Health
Financial Health criteria checks 3/6
Mega Uranium has a total shareholder equity of CA$190.4M and total debt of CA$16.6M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CA$212.4M and CA$21.9M respectively.
Key information
8.7%
Debt to equity ratio
CA$16.57m
Debt
Interest coverage ratio | n/a |
Cash | CA$31.41m |
Equity | CA$190.44m |
Total liabilities | CA$21.92m |
Total assets | CA$212.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGAF.F's short term assets (CA$31.8M) exceed its short term liabilities (CA$18.6M).
Long Term Liabilities: MGAF.F's short term assets (CA$31.8M) exceed its long term liabilities (CA$3.3M).
Debt to Equity History and Analysis
Debt Level: MGAF.F has more cash than its total debt.
Reducing Debt: MGAF.F's debt to equity ratio has increased from 0% to 8.7% over the past 5 years.
Debt Coverage: MGAF.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MGAF.F's interest payments on its debt are well covered by EBIT.