CMC Metals Balance Sheet Health
Financial Health criteria checks 4/6
CMC Metals has a total shareholder equity of CA$687.6K and total debt of CA$60.8K, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CA$1.3M and CA$572.6K respectively.
Key information
8.8%
Debt to equity ratio
CA$60.77k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$340.93k |
| Equity | CA$687.55k |
| Total liabilities | CA$572.57k |
| Total assets | CA$1.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMB's short term assets (CA$913.5K) exceed its short term liabilities (CA$365.7K).
Long Term Liabilities: CMB's short term assets (CA$913.5K) exceed its long term liabilities (CA$206.8K).
Debt to Equity History and Analysis
Debt Level: CMB has more cash than its total debt.
Reducing Debt: CMB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CMB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CMB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.4% each year