Meryllion Resources Balance Sheet Health
Financial Health criteria checks 1/6
Meryllion Resources has a total shareholder equity of CA$67.0K and total debt of CA$50.0K, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CA$284.6K and CA$217.6K respectively.
Key information
74.7%
Debt to equity ratio
CA$50.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.58k |
| Equity | CA$66.97k |
| Total liabilities | CA$217.60k |
| Total assets | CA$284.57k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYRL.F's short term assets (CA$45.2K) do not cover its short term liabilities (CA$217.6K).
Long Term Liabilities: MYRL.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MYRL.F's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: MYRL.F's debt to equity ratio has increased from 0% to 74.7% 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: MYRL.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MYRL.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.5% each year