This company has been acquired
Manitou Gold Balance Sheet Health
Financial Health criteria checks 3/6
Manitou Gold has a total shareholder equity of CA$573.6K and total debt of CA$60.0K, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are CA$849.6K and CA$276.0K respectively.
Key information
10.5%
Debt to equity ratio
CA$60.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$741.38k |
Equity | CA$573.60k |
Total liabilities | CA$275.99k |
Total assets | CA$849.60k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNTU.F's short term assets (CA$810.4K) exceed its short term liabilities (CA$276.0K).
Long Term Liabilities: MNTU.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MNTU.F has more cash than its total debt.
Reducing Debt: MNTU.F's debt to equity ratio has increased from 0% to 10.5% 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: MNTU.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MNTU.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.2% each year