Corazon Mining Balance Sheet Health
Financial Health criteria checks 6/6
Corazon Mining has a total shareholder equity of A$15.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.6M and A$217.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.20m |
| Equity | AU$15.36m |
| Total liabilities | AU$217.31k |
| Total assets | AU$15.58m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CZN's short term assets (A$1.3M) exceed its short term liabilities (A$217.3K).
Long Term Liabilities: CZN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CZN is debt free.
Reducing Debt: CZN 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: CZN has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CZN is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.