Corsa Coal Balance Sheet Health
Financial Health criteria checks 3/6
Corsa Coal has a total shareholder equity of $67.9M and total debt of $16.6M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $179.3M and $111.3M respectively.
Key information
24.5%
Debt to equity ratio
US$16.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.38m |
| Equity | US$67.92m |
| Total liabilities | US$111.33m |
| Total assets | US$179.26m |
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 ($25.3M) do not cover its short term liabilities ($36.2M).
Long Term Liabilities: CSO's short term assets ($25.3M) do not cover its long term liabilities ($75.1M).
Debt to Equity History and Analysis
Debt Level: CSO's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: CSO's debt to equity ratio has increased from 17.7% to 24.5% 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 18.5% per year.