Millennial Potash Balance Sheet Health
Financial Health criteria checks 6/6
Millennial Potash has a total shareholder equity of CA$10.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$10.8M and CA$750.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$598.03k |
| Equity | CA$10.07m |
| Total liabilities | CA$750.15k |
| Total assets | CA$10.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLPN.F's short term assets (CA$1.3M) exceed its short term liabilities (CA$750.1K).
Long Term Liabilities: MLPN.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MLPN.F is debt free.
Reducing Debt: MLPN.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: Whilst unprofitable MLPN.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MLPN.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 41.7% per year.