Mantengu Mining Balance Sheet Health
Financial Health criteria checks 2/6
Mantengu Mining has a total shareholder equity of ZAR63.5M and total debt of ZAR179.5M, which brings its debt-to-equity ratio to 282.9%. Its total assets and total liabilities are ZAR317.6M and ZAR254.1M respectively.
Key information
282.9%
Debt to equity ratio
R179.55m
Debt
Interest coverage ratio | n/a |
Cash | R85.00k |
Equity | R63.46m |
Total liabilities | R254.09m |
Total assets | R317.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTU's short term assets (ZAR30.3M) do not cover its short term liabilities (ZAR132.0M).
Long Term Liabilities: MTU's short term assets (ZAR30.3M) do not cover its long term liabilities (ZAR122.0M).
Debt to Equity History and Analysis
Debt Level: MTU's net debt to equity ratio (282.8%) is considered high.
Reducing Debt: Insufficient data to determine if MTU's debt to equity ratio has reduced 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: MTU has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MTU is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.