Centurion Minerals Balance Sheet Health
Financial Health criteria checks 1/6
Centurion Minerals has a total shareholder equity of CA$-1.5M and total debt of CA$1.1M, which brings its debt-to-equity ratio to -69.8%. Its total assets and total liabilities are CA$124.3K and CA$1.6M respectively.
Key information
-69.8%
Debt to equity ratio
CA$1.07m
Debt
Interest coverage ratio | n/a |
Cash | CA$27.02k |
Equity | -CA$1.53m |
Total liabilities | CA$1.65m |
Total assets | CA$124.29k |
Recent financial health updates
No updates
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 (35.1%).
Interest Coverage: Insufficient data to determine if CTN's interest payments on its debt are well covered by EBIT.