My City Builders Balance Sheet Health
Financial Health criteria checks 1/6
My City Builders has a total shareholder equity of $42.9K and total debt of $766.0K, which brings its debt-to-equity ratio to 1786.2%. Its total assets and total liabilities are $1.6M and $1.5M respectively.
Key information
1,786.2%
Debt to equity ratio
US$766.00k
Debt
Interest coverage ratio | n/a |
Cash | US$33.41k |
Equity | US$42.89k |
Total liabilities | US$1.51m |
Total assets | US$1.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYCB's short term assets ($289.7K) do not cover its short term liabilities ($796.0K).
Long Term Liabilities: MYCB's short term assets ($289.7K) do not cover its long term liabilities ($715.3K).
Debt to Equity History and Analysis
Debt Level: MYCB's net debt to equity ratio (1708.3%) is considered high.
Reducing Debt: MYCB 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: MYCB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MYCB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.9% each year