Meridian Mining UK Societas Balance Sheet Health
Financial Health criteria checks 4/6
Meridian Mining UK Societas has a total shareholder equity of $18.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $20.7M and $2.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.16m |
| Equity | US$18.35m |
| Total liabilities | US$2.31m |
| Total assets | US$20.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRRD.F's short term assets ($11.5M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: MRRD.F has no long term liabilities.
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 less than a year of cash runway 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 21.8% each year