Centaurus Metals Balance Sheet Health

Financial Health criteria checks 5/6

Centaurus Metals has a total shareholder equity of A$45.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$49.6M and A$4.2M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$24.75m
Equity	AU$45.42m
Total liabilities	AU$4.22m
Total assets	AU$49.64m

Recent financial health updates

Recent updates

We Think Centaurus Metals (ASX:CTM) Needs To Drive Business Growth Carefully

Aug 01

Is Centaurus Metals (ASX:CTM) In A Good Position To Invest In Growth?

Apr 08

Will Centaurus Metals (ASX:CTM) Spend Its Cash Wisely?

Aug 02

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

Mar 17

We're Hopeful That Centaurus Metals (ASX:CTM) Will Use Its Cash Wisely

Sep 26

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

Oct 20

Centaurus Metals (ASX:CTM) Is In A Good Position To Deliver On Growth Plans

Jun 01

What Kind Of Shareholders Hold The Majority In Centaurus Metals Limited's (ASX:CTM) Shares?

Feb 22

Financial Position Analysis

Short Term Liabilities: CTM's short term assets (A$27.8M) exceed its short term liabilities (A$3.5M).

Long Term Liabilities: CTM's short term assets (A$27.8M) exceed its long term liabilities (A$670.8K).

Debt to Equity History and Analysis

Debt Level: CTM is debt free.

Reducing Debt: CTM has not had any debt for 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: CTM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CTM has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 40.4% each year.

Discover healthy companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 13:47
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Centaurus Metals Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dale Koenders	Barrenjoey Markets Pty Limited
Richard Knights	Barrenjoey Markets Pty Limited
April Lowis	Barrenjoey Markets Pty Limited

Centaurus Metals Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

We Think Centaurus Metals (ASX:CTM) Needs To Drive Business Growth Carefully

Is Centaurus Metals (ASX:CTM) In A Good Position To Invest In Growth?

Will Centaurus Metals (ASX:CTM) Spend Its Cash Wisely?

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

We're Hopeful That Centaurus Metals (ASX:CTM) Will Use Its Cash Wisely

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

Recent updates

New minor risk - Share price stability

New minor risk - Market cap size

We Think Centaurus Metals (ASX:CTM) Needs To Drive Business Growth Carefully

Independent Non-Executive Director exercised options to buy AU$298k worth of stock.

Centaurus Metals Limited, Annual General Meeting, May 28, 2024

Is Centaurus Metals (ASX:CTM) In A Good Position To Invest In Growth?

Price target decreased by 15% to AU$0.85

Price target decreased by 12% to AU$1.10

New major risk - Financial position

New minor risk - Market cap size

Price target decreased by 11% to AU$1.25

Price target decreased by 8.7% to AU$1.57

New major risk - Financial position

New minor risk - Shareholder dilution

New major risk - Financial position

New minor risk - Shareholder dilution

Will Centaurus Metals (ASX:CTM) Spend Its Cash Wisely?

New major risk - Financial position

Price target decreased by 11% to AU$1.75

Independent Non-Executive Chairman exercised options to buy AU$414k worth of stock.

No longer forecast to breakeven

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

Centaurus Metals Limited Announces Drilling Continues to Grow and De-Risk the World-Class Jaguar Nickel Sulphide Project

No longer forecast to breakeven

Price target increased to AU$2.05

Centaurus Metals Limited Announces Significant Increase in Both the Size and Confidence Levels of the Mineral Resource for Its 100%-Owned Jaguar Nickel Sulphide Project

Centaurus Metals Provides an Update on Ongoing Metallurgical Test Work and Other Key Work Streams Being Progressed as Part of the Ongoing Definitive Feasibility Study (Dfs) on Its 100%-Owned Jaguar Nickel Sulphide Project in North-Eastern Brazil

We're Hopeful That Centaurus Metals (ASX:CTM) Will Use Its Cash Wisely

Centaurus Metals Limited Appoints Natalia Streltsova as Non-Executive Director

Centaurus Metals Reports New Drill Results from Ongoing Resource Growth and Development Drilling At Its 100%-Owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of Northern Brazil

Centaurus Metals Reports Outstanding New Results from Ongoing Resource Development Drilling At Its 100%-Owned Jaguar Nickel Sulphide Project

Price target increased to AU$1.70

Insufficient new directors

Centaurus Metals Limited, Annual General Meeting, May 27, 2022

Insufficient new directors

Centaurus Metals Limited Reports New Results from Ongoing Resource Growth and Development Drilling at its 100%-Owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of Northern Brazil

Centaurus Metals Limited Announces Jaguar Drill Results Highlight Exceptional Growth Outlook

Forecast to breakeven in 2024

Centaurus Metals Announces Further Substantial Increase in the Mineral Resource for Its Jaguar Nickel Project in North-Eastern Brazil

We're Not Very Worried About Centaurus Metals' (ASX:CTM) Cash Burn Rate

Centaurus Metals Announces Resource Growth Drilling at its 100%-Owned Jaguar Nickel Sulphide Project

Centaurus Metals Limited Announces Updates on New Greenfields Nickel Sulphide Discovery at Jaguar Nickel Sulphide Project

Centaurus Metals Announces That Ongoing Resource Development and Extensional Drilling At Its 100%-Owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of Northern Brazil

Centaurus Metals Announces Step-Out & In-Fill Drilling Continues to Build Impressive Growth Story At Jaguar

Centaurus Metals Announces Significant Intersections in Step-Out Drilling At Jaguar

MD, CEO & Director exercised options to buy AU$223k worth of stock.

Centaurus Metals (ASX:CTM) Is In A Good Position To Deliver On Growth Plans

Centaurus Metals Announces Results of an Independent Value-Add Scoping Study for the Development of Its 100%-Owned Jaguar Nickel Sulphide Project in Brazil

Centaurus Metals Limited Provides Initial RC Drilling Reveals Palladium Potential At Filhote Prospect At Jaguar

What Kind Of Shareholders Hold The Majority In Centaurus Metals Limited's (ASX:CTM) Shares?

New 90-day high: AU$0.90

Centaurus Metals Limited's Jaguar Project JORC Mineral Resource Increases to 58.6Mt

New 90-day high: AU$0.89

New 90-day high: AU$0.78

Centaurus Metals Limited Reports Outstanding High-Grade Nickel Sulphide Results from Ongoing Resource In-Fill, Extensional and Step-Out Drilling At the Jaguar Central Deposit

Centaurus Metals Limited Announces that Transfer of Jaguar Mining Lease Application Completed

Entaurus Metals Reports More Outstanding Results from Ongoing Resource In-Fill, Extensional and Step-Out Drilling at the Jaguar Central, Jaguar North and Onça Rosa Deposits

New 90-day high: AU$0.55

Centaurus Metals Limited Provides Jaguar Project - Regional Exploration Update

Centaurus Metals Limited Provides Jaguar Nickel Sulphide Project Development Update

New 90-day high - AU$0.54

New 90-day high - AU$0.52

Centaurus Metals Limited (ASX:CTM) completed the acquisition of Jaguar Nickel Sulphide Project from Vale S.A. (BOVESPA:VALE3).

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies

Company Analysis and Financial Data Status