Matachewan Consolidated Mines Balance Sheet Health
Financial Health criteria checks 3/6
Matachewan Consolidated Mines has a total shareholder equity of CA$6.3M and total debt of CA$1.4M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CA$7.9M and CA$1.6M respectively.
Key information
22.6%
Debt to equity ratio
CA$1.43m
Debt
Interest coverage ratio | n/a |
Cash | CA$7.03m |
Equity | CA$6.30m |
Total liabilities | CA$1.59m |
Total assets | CA$7.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWCA.F's short term assets (CA$7.1M) exceed its short term liabilities (CA$1.6M).
Long Term Liabilities: MWCA.F's short term assets (CA$7.1M) exceed its long term liabilities (CA$17.7K).
Debt to Equity History and Analysis
Debt Level: MWCA.F has more cash than its total debt.
Reducing Debt: MWCA.F's debt to equity ratio has increased from 22.3% to 22.6% over the past 5 years.
Debt Coverage: MWCA.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MWCA.F's interest payments on its debt are well covered by EBIT.