Centurion Minerals Balance Sheet Health

Financial Health criteria checks 1/6

Centurion Minerals has a total shareholder equity of CA$-1.8M and total debt of CA$1.1M, which brings its debt-to-equity ratio to -61.9%. Its total assets and total liabilities are CA$55.4K and CA$1.8M respectively.

Key information

-61.9%

Debt to equity ratio

CA$1.11m

Debt

Interest coverage ration/a
CashCA$718.00
Equity-CA$1.79m
Total liabilitiesCA$1.84m
Total assetsCA$55.39k

Recent financial health updates

No updates

Recent updates

Estimating The Fair Value Of Centurion Minerals Ltd. (CVE:CTN)

Mar 12
Estimating The Fair Value Of Centurion Minerals Ltd. (CVE:CTN)

Financial Position Analysis

Short Term Liabilities: CTN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CTN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CTN has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CTN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: CTN's debt is well covered by operating cash flow (69.6%).

Interest Coverage: Insufficient data to determine if CTN's interest payments on its debt are well covered by EBIT.


Balance Sheet


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