Mercurity Fintech Holding Balance Sheet Health
Financial Health criteria checks 3/6
Mercurity Fintech Holding has a total shareholder equity of $17.8M and total debt of $9.9M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are $30.4M and $12.6M respectively.
Key information
55.6%
Debt to equity ratio
US$9.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$18.44m |
| Equity | US$17.83m |
| Total liabilities | US$12.56m |
| Total assets | US$30.40m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MFH's short term assets ($23.7M) exceed its short term liabilities ($12.3M).
Long Term Liabilities: MFH's short term assets ($23.7M) exceed its long term liabilities ($282.3K).
Debt to Equity History and Analysis
Debt Level: MFH has more cash than its total debt.
Reducing Debt: MFH's debt to equity ratio has increased from 0% to 55.6% 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: Insufficient data to determine if MFH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MFH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.