Meridian Mining UK Societas Balance Sheet Health
Financial Health criteria checks 5/6
Meridian Mining UK Societas has a total shareholder equity of $21.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $24.3M and $2.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$14.97m |
| Equity | US$21.59m |
| Total liabilities | US$2.71m |
| Total assets | US$24.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRRD.F's short term assets ($15.4M) exceed its short term liabilities ($2.7M).
Long Term Liabilities: MRRD.F's short term assets ($15.4M) exceed its long term liabilities ($2.5K).
Debt to Equity History and Analysis
Debt Level: MRRD.F is debt free.
Reducing Debt: MRRD.F currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: MRRD.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MRRD.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.8% each year