Mijem Newcomm Tech Inc.
CCSE:MJEMShare Statistics
As of October 31, 2025, Mijem Newcomm Tech Inc. has 62.07M shares outstanding.
| Shares Outstanding | 62.07M |
Financial Position
As of October 31, 2025, Mijem Newcomm Tech Inc. maintains a current ratio of 0.17, meaning it holds 0.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -70.99, indicating conservative leverage, while an interest coverage ratio of -17.41 demonstrates limited ability to service its debt obligations.
| Current Ratio | 0.17 |
| Quick Ratio | 0.17 |
| Debt / Equity | -70.99 |
| Debt / EBITDA | -0.98 |
| Interest Coverage | -17.41 |
Financial Efficiency
These figures cover the twelve months ended October 31, 2025. Return on assets (ROA) is negative at -61.89, reflecting losses generated across the asset base. Return on capital employed (ROCE) is negative at -0.37, pointing to unprofitable operations over the period.
| Return on Assets (ROA) | -61.89 |
| Return on Capital Employed (ROCE) | -0.37 |
Scores
As of October 31, 2025, Mijem Newcomm Tech Inc. has an Altman Z-Score of -365.07, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -365.07 |