Mystic Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Mystic Holdings has a total shareholder equity of $18.2M and total debt of $4.7M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are $36.8M and $18.6M respectively.
Key information
25.7%
Debt to equity ratio
US$4.68m
Debt
| Interest coverage ratio | n/a |
| Cash | -US$125.16k |
| Equity | US$18.21m |
| Total liabilities | US$18.55m |
| Total assets | US$36.76m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MSTH's short term assets ($3.0M) do not cover its short term liabilities ($7.9M).
Long Term Liabilities: MSTH's short term assets ($3.0M) do not cover its long term liabilities ($10.6M).
Debt to Equity History and Analysis
Debt Level: MSTH's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: MSTH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if MSTH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: MSTH has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.3% each year.