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 ration/a
CashUS$113.68k
EquityUS$26.98m
Total liabilitiesUS$11.14m
Total assetsUS$38.12m

Recent financial health updates

No updates

Recent updates

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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.


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