Colonial Coal International Balance Sheet Health
Financial Health criteria checks 6/6
Colonial Coal International has a total shareholder equity of CA$19.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$19.1M and CA$128.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.09m |
Equity | CA$18.98m |
Total liabilities | CA$128.88k |
Total assets | CA$19.11m |
Recent financial health updates
Colonial Coal International (CVE:CAD) Is In A Good Position To Deliver On Growth Plans
Jan 10We're Hopeful That Colonial Coal International (CVE:CAD) Will Use Its Cash Wisely
Sep 09We're Hopeful That Colonial Coal International (CVE:CAD) Will Use Its Cash Wisely
Apr 19Companies Like Colonial Coal International (CVE:CAD) Are In A Position To Invest In Growth
Dec 23Here's Why We're Not Too Worried About Colonial Coal International's (CVE:CAD) Cash Burn Situation
Aug 09Companies Like Colonial Coal International (CVE:CAD) Can Afford To Invest In Growth
Mar 04Recent updates
Colonial Coal International (CVE:CAD) Is In A Good Position To Deliver On Growth Plans
Jan 10We're Hopeful That Colonial Coal International (CVE:CAD) Will Use Its Cash Wisely
Sep 09We're Hopeful That Colonial Coal International (CVE:CAD) Will Use Its Cash Wisely
Apr 19Companies Like Colonial Coal International (CVE:CAD) Are In A Position To Invest In Growth
Dec 23Here's Why We're Not Too Worried About Colonial Coal International's (CVE:CAD) Cash Burn Situation
Aug 09Companies Like Colonial Coal International (CVE:CAD) Can Afford To Invest In Growth
Mar 04Companies Like Colonial Coal International (CVE:CAD) Can Afford To Invest In Growth
Nov 24Here's Why We're Not At All Concerned With Colonial Coal International's (CVE:CAD) Cash Burn Situation
Aug 11We're Not Worried About Colonial Coal International's (CVE:CAD) Cash Burn
Apr 08David Emri of Colonial Coal International Corp. (CVE:CAD) Just Spent CA$129k On Shares
Mar 04We're Not Worried About Colonial Coal International's (CVE:CAD) Cash Burn
Dec 28Financial Position Analysis
Short Term Liabilities: CAD's short term assets (CA$4.2M) exceed its short term liabilities (CA$128.9K).
Long Term Liabilities: CAD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAD is debt free.
Reducing Debt: CAD 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: CAD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CAD has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 5.2% each year.