Mincor Resources Financial Health

Financial Health criteria checks 3/6

Mincor Resources has a total shareholder equity of A$102.2M and total debt of A$29.4M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are A$277.6M and A$175.4M respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesAU$175.42m
Total assetsAU$277.59m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MCRZ.F's short term assets (A$106.3M) do not cover its short term liabilities (A$137.4M).

Long Term Liabilities: MCRZ.F's short term assets (A$106.3M) exceed its long term liabilities (A$38.1M).

Debt to Equity History and Analysis

Debt Level: MCRZ.F has more cash than its total debt.

Reducing Debt: MCRZ.F's debt to equity ratio has increased from 0% to 28.7% 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: MCRZ.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MCRZ.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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