Corsa Coal Balance Sheet Health
Financial Health criteria checks 3/6
Corsa Coal has a total shareholder equity of $58.9M and total debt of $16.9M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are $173.8M and $114.9M respectively.
Key information
28.7%
Debt to equity ratio
US$16.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.13m |
| Equity | US$58.89m |
| Total liabilities | US$114.89m |
| Total assets | US$173.78m |
Recent financial health updates
Is Corsa Coal (CVE:CSO) Using Too Much Debt?
Jun 05
Corsa Coal (CVE:CSO) Has Debt But No Earnings; Should You Worry?
Feb 10Is Corsa Coal (CVE:CSO) Using Too Much Debt?
Oct 19Is Corsa Coal (CVE:CSO) Weighed On By Its Debt Load?
Jul 15Is Corsa Coal (CVE:CSO) Using Too Much Debt?
Jan 12Is Corsa Coal (CVE:CSO) Using Debt In A Risky Way?
Aug 18Recent updates
Even With A 59% Surge, Cautious Investors Are Not Rewarding Corsa Coal Corp.'s (CVE:CSO) Performance Completely
Oct 16Not Many Are Piling Into Corsa Coal Corp. (CVE:CSO) Stock Yet As It Plummets 25%
Jun 28Is Corsa Coal (CVE:CSO) Using Too Much Debt?
Jun 05Corsa Coal Corp. (CVE:CSO) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 02Why The 20% Return On Capital At Corsa Coal (CVE:CSO) Should Have Your Attention
Mar 17Corsa Coal (CVE:CSO) Has Debt But No Earnings; Should You Worry?
Feb 10The Market Doesn't Like What It Sees From Corsa Coal Corp.'s (CVE:CSO) Revenues Yet
Dec 19Is Corsa Coal (CVE:CSO) Using Too Much Debt?
Oct 19Is Corsa Coal (CVE:CSO) Weighed On By Its Debt Load?
Jul 15A Look At The Intrinsic Value Of Corsa Coal Corp. (CVE:CSO)
Mar 16Is Corsa Coal (CVE:CSO) Using Too Much Debt?
Jan 12Calculating The Fair Value Of Corsa Coal Corp. (CVE:CSO)
Oct 10Is Corsa Coal (CVE:CSO) Using Debt In A Risky Way?
Aug 18Corsa Coal (CVE:CSO) Has Debt But No Earnings; Should You Worry?
Feb 28Is Corsa Coal (CVE:CSO) Weighed On By Its Debt Load?
Nov 05Is Corsa Coal (CVE:CSO) Using Debt In A Risky Way?
Jul 16Does Corsa Coal (CVE:CSO) Have A Healthy Balance Sheet?
Mar 05Is Corsa Coal (CVE:CSO) Using Debt In A Risky Way?
Nov 20Financial Position Analysis
Short Term Liabilities: CSO's short term assets ($27.9M) do not cover its short term liabilities ($41.9M).
Long Term Liabilities: CSO's short term assets ($27.9M) do not cover its long term liabilities ($73.0M).
Debt to Equity History and Analysis
Debt Level: CSO's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: CSO's debt to equity ratio has increased from 12.8% to 28.7% over the 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: Whilst unprofitable CSO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CSO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 17:09 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Corsa Coal Corp. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jackie Przybylowski | Desjardins Securities Inc. |
| David Davidson | Paradigm Capital, Inc. |
| John McClintock | Pareto Securities |