Canadian Critical Minerals Balance Sheet Health
Financial Health criteria checks 2/6
Canadian Critical Minerals has a total shareholder equity of CA$9.1M and total debt of CA$2.4M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CA$13.7M and CA$4.6M respectively.
Key information
26.6%
Debt to equity ratio
CA$2.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$164.58k |
| Equity | CA$9.11m |
| Total liabilities | CA$4.55m |
| Total assets | CA$13.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N6K's short term assets (CA$966.7K) do not cover its short term liabilities (CA$3.2M).
Long Term Liabilities: N6K's short term assets (CA$966.7K) do not cover its long term liabilities (CA$1.4M).
Debt to Equity History and Analysis
Debt Level: N6K's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: N6K's debt to equity ratio has reduced from 341.2% to 26.6% over the past 5 years.
Debt Coverage: N6K's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if N6K's interest payments on its debt are well covered by EBIT.