Collective Mining Balance Sheet Health
Financial Health criteria checks 6/6
Collective Mining has a total shareholder equity of $15.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $19.1M and $3.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.52m |
| Equity | US$15.28m |
| Total liabilities | US$3.84m |
| Total assets | US$19.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GG1's short term assets ($16.3M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: GG1's short term assets ($16.3M) exceed its long term liabilities ($100.1K).
Debt to Equity History and Analysis
Debt Level: GG1 is debt free.
Reducing Debt: GG1 had no debt 5 years ago.
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: GG1 has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GG1 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.