MEC Resources Ltd

As of June 30, 2024, MEC Resources Ltd has 1.05B shares outstanding.

As of June 30, 2024, MEC Resources Ltd maintains a current ratio of 0.20, meaning it holds 0.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 7.04, indicating elevated leverage, while an interest coverage ratio of -20.29 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2024, MEC Resources Ltd posted a negative return on equity (ROE) of -5.64, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -3.63, reflecting losses generated across the asset base.

As of the close on October 21, 2026, MEC Resources Ltd's stock has declined approximately 60.00% over the past 52 weeks. The 50-day moving average sits at 0.00, while the 200-day moving average is 0.00.

These figures cover the twelve months ended June 30, 2024. EBITDA reached -235,864.00, while operating income came in at -235,864.00.

As of June 30, 2024, MEC Resources Ltd holds 221,359.00 in cash and equivalents against 498,839.00 in total debt, resulting in a net debt position of 277,480.00. Total book value stands at 7.08M, with working capital of -918,575.00 providing operational flexibility.

MEC Resources Ltd's most recent stock split took place on April 15, 2019 with a 13:16 split ratio.