This company has been acquired
Millennial Precious Metals Balance Sheet Health
Financial Health criteria checks 4/6
Millennial Precious Metals has a total shareholder equity of CA$4.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$6.5M and CA$2.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.87m |
Equity | CA$4.53m |
Total liabilities | CA$1.96m |
Total assets | CA$6.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLPM.F's short term assets (CA$5.3M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: MLPM.F's short term assets (CA$5.3M) exceed its long term liabilities (CA$751.1K).
Debt to Equity History and Analysis
Debt Level: MLPM.F is debt free.
Reducing Debt: MLPM.F has not had any debt for 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: MLPM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MLPM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.3% each year