Collective Mining Balance Sheet Health
Financial Health criteria checks 6/6
Collective Mining has a total shareholder equity of $12.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $17.0M and $4.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$14.17m |
Equity | US$12.72m |
Total liabilities | US$4.25m |
Total assets | US$16.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNL's short term assets ($14.5M) exceed its short term liabilities ($4.2M).
Long Term Liabilities: CNL's short term assets ($14.5M) exceed its long term liabilities ($86.8K).
Debt to Equity History and Analysis
Debt Level: CNL is debt free.
Reducing Debt: CNL had no debt 5 years ago.
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: CNL has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CNL is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.