Benz Mining Balance Sheet Health

Financial Health criteria checks 4/6

Benz Mining has a total shareholder equity of CA$7.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.8M and CA$2.0M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$5.17m
Equity	CA$7.80m
Total liabilities	CA$1.98m
Total assets	CA$9.78m

Recent financial health updates

Recent updates

Companies Like Benz Mining (CVE:BZ) Could Be Quite Risky

Apr 18

Benz Mining (CVE:BZ) Will Have To Spend Its Cash Wisely

Jan 04

We're Hopeful That Benz Mining (CVE:BZ) Will Use Its Cash Wisely

Sep 09

Will Benz Mining (CVE:BZ) Spend Its Cash Wisely?

May 13

We're Keeping An Eye On Benz Mining's (CVE:BZ) Cash Burn Rate

Jan 26

Here's Why Benz Mining (CVE:BZ) Must Use Its Cash Wisely

Feb 25

We're Not Very Worried About Benz Mining's (CVE:BZ) Cash Burn Rate

Jul 28

Here's Why We're Not Too Worried About Benz Mining's (CVE:BZ) Cash Burn Situation

Apr 07

Here's Why We're Not Too Worried About Benz Mining's (CVE:BZ) Cash Burn Situation

Dec 23

Financial Position Analysis

Short Term Liabilities: BZ's short term assets (CA$5.9M) exceed its short term liabilities (CA$2.0M).

Long Term Liabilities: BZ has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: BZ is debt free.

Reducing Debt: BZ 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: BZ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.1% each year

Benz Mining Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Companies Like Benz Mining (CVE:BZ) Could Be Quite Risky

Benz Mining (CVE:BZ) Will Have To Spend Its Cash Wisely

We're Hopeful That Benz Mining (CVE:BZ) Will Use Its Cash Wisely

Will Benz Mining (CVE:BZ) Spend Its Cash Wisely?

We're Keeping An Eye On Benz Mining's (CVE:BZ) Cash Burn Rate

Here's Why Benz Mining (CVE:BZ) Must Use Its Cash Wisely

Recent updates

Companies Like Benz Mining (CVE:BZ) Could Be Quite Risky

New minor risk - Share price stability

Benz Mining (CVE:BZ) Will Have To Spend Its Cash Wisely

Benz Mining Corp. Announces the Appointment of Mark Lynch-Staunton as Chief Development Officer

Benz Mining Corp., Annual General Meeting, Dec 08, 2023

Insufficient new directors

We're Hopeful That Benz Mining (CVE:BZ) Will Use Its Cash Wisely

Benz Mining Corp., Annual General Meeting, Sep 12, 2023

Benz Mining Corp., Annual General Meeting, Sep 12, 2023

New minor risk - Share price stability

New major risk - Shareholder dilution

Benz Mining Corp. Announces Update on Eastmain Project in Quebec, Canada

Will Benz Mining (CVE:BZ) Spend Its Cash Wisely?

Acting CEO & Executive Chairman exercised options to buy CA$800k worth of stock.

Benz Mining Corp. Provides an Update on Exploration Activities in the Upper Eastmain Greenstone Belt

Benz Mining Corp. Announces the Resignation of Xavier Braud as Head of Corporate Development (Australia)

We're Keeping An Eye On Benz Mining's (CVE:BZ) Cash Burn Rate

Benz Mining Corp., Annual General Meeting, Dec 14, 2022

High number of new and inexperienced directors

Benz Mining Corp. Provides an Update on its Ongoing Critical Minerals Exploration Activities in the Upper Eastmain Greenstone Belt, Located in the James Bay Area of Quebec

Benz Mining Corp., Annual General Meeting, Dec 08, 2022

Benz Mining Corp. Provides Update on its Lithium Exploration Activities At Ruby Hill West

Benz Mining Corp. Reports the Observation of Chalcopyrite Mineralization Associated with Quartz Veining in the Drilling Completed At the Michel Prospect

Benz Mining Corp. Provides Gold Assay Results from 2021 Drilling Campaign

Benz Mining Corp. Provides Update on its Recently Completed Exploration Activities on a 2Km X 2Km Portion of the Southern Anomalies Trend

High number of new and inexperienced directors

Benz Mining Corp. Announces First Pass Greenfield Drilling at Placer Lake

Here's Why Benz Mining (CVE:BZ) Must Use Its Cash Wisely

Benz Mining Corp. Announces Drillhole EM21-228, Completed Earlier on in the Drilling Season, Intercepted the Mine Horizon At D Zone At A Depth of 885.0m Below Surface

Benz Mining Corp. Announces Assay Results from Its Rock Chips Sampling Campaign At the Ruby Hill West Lithium Prospect

Benz Mining Announces High Impact Gold and Lithium Exploration Program Underway

Benz Mining Corp. Announces New High-Grade Discovery At D Zone 7.9M At 35.9G/T Au

Non Executive Director recently sold CA$304k worth of stock

Benz Mining Corp. announced that it has received CAD 10 million in funding

Benz Mining Corp. announced that it expects to receive CAD 10 million in funding

Benz Mining Announces Maiden Regional Exploration Campaign Confirms Multiple Commodity Potential for Upper Eastmain Greenstone Belt

Benz Mining Corp. Announces Long Awaited Assays Results for the Start of Its 2021 Drilling Campaign

We're Not Very Worried About Benz Mining's (CVE:BZ) Cash Burn Rate

Benz Mining Corp. Gives an Update on Results of the 2021 Geophysical Survey and Preliminary Observations from Core Recent Drilling in the Area of the Eastmain Gold Project, Quebec, Canada

Here's Why We're Not Too Worried About Benz Mining's (CVE:BZ) Cash Burn Situation

Benz Mining Corp. Releases an Exploration Update from its Drilling and EM Programs at its Eastmain Gold Project

Independent Director recently sold CA$58k worth of stock

Benz Mining Corp. Releases Assay Results from 2020, Maiden Drilling Program at its Eastmain Gold Project

Benz Mining Corp. Announces 50,000M Diamond Drilling Program and Large Surface EM Survey Underway at Eastmain

Benz Mining Corp. Announces Discovery of a Third Conductive Trend, Parallel to and 200M in the Footwall of the Existing Eastmain Resource Envelope

Benz Mining Corp. Provides an Update on Exploration Activities At Its Eastmain Gold Project

New 90-day high: CA$0.86

Here's Why We're Not Too Worried About Benz Mining's (CVE:BZ) Cash Burn Situation

New 90-day high: CA$0.83

Benz Mining Corp. announced that it expects to receive CAD 10.2625 million in funding

Benz Mining Corp. Announces Management Changes

New 90-day high: CA$0.75

Chief Financial Officer recently sold CA$92.1k worth of stock

New 90-day high - CA$0.64

New 90-day high - CA$0.57

Miloje Vicentijevic Resigns as CEO of Benz Mining Corp

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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