Mystic Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Mystic Holdings has a total shareholder equity of $27.0M and total debt of $5.3M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are $38.1M and $11.1M respectively.
Key information
19.7%
Debt to equity ratio
US$5.30m
Debt
Interest coverage ratio | n/a |
Cash | US$113.68k |
Equity | US$26.98m |
Total liabilities | US$11.14m |
Total assets | US$38.12m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MSTH's short term assets ($5.3M) exceed its short term liabilities ($3.8M).
Long Term Liabilities: MSTH's short term assets ($5.3M) do not cover its long term liabilities ($7.3M).
Debt to Equity History and Analysis
Debt Level: MSTH's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: MSTH's debt to equity ratio has reduced from 300.2% to 19.7% 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: MSTH has less than a year of 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 33.5% each year.