Mace Security International Balance Sheet Health
Financial Health criteria checks 2/6
Mace Security International has a total shareholder equity of $2.7M and total debt of $1.9M, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are $6.9M and $4.1M respectively.
Key information
69.3%
Debt to equity ratio
US$1.89m
Debt
Interest coverage ratio | n/a |
Cash | US$146.00k |
Equity | US$2.73m |
Total liabilities | US$4.12m |
Total assets | US$6.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MACE's short term assets ($4.3M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: MACE's short term assets ($4.3M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: MACE's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: MACE's debt to equity ratio has increased from 21.2% to 69.3% over the past 5 years.
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: MACE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MACE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.8% each year