McFarlane Lake Mining Balance Sheet Health
Financial Health criteria checks 5/6
McFarlane Lake Mining has a total shareholder equity of CA$511.2K and total debt of CA$195.0K, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are CA$2.0M and CA$1.5M respectively.
Key information
38.1%
Debt to equity ratio
CA$195.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.38m |
Equity | CA$511.18k |
Total liabilities | CA$1.52m |
Total assets | CA$2.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLML.F's short term assets (CA$2.0M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: MLML.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MLML.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MLML.F's debt to equity ratio has reduced 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: MLML.F has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MLML.F is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.