CNMC Goldmine Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CNMC Goldmine Holdings has a total shareholder equity of $50.2M and total debt of $749.9K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $63.4M and $13.3M respectively. CNMC Goldmine Holdings's EBIT is $11.8M making its interest coverage ratio -136.4. It has cash and short-term investments of $14.7M.
Key information
1.5%
Debt to equity ratio
US$749.94k
Debt
| Interest coverage ratio | -136.4x |
| Cash | US$14.71m |
| Equity | US$50.15m |
| Total liabilities | US$13.30m |
| Total assets | US$63.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TP's short term assets ($22.9M) exceed its short term liabilities ($10.1M).
Long Term Liabilities: 5TP's short term assets ($22.9M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: 5TP has more cash than its total debt.
Reducing Debt: 5TP's debt to equity ratio has increased from 1.2% to 1.5% over the past 5 years.
Debt Coverage: 5TP's debt is well covered by operating cash flow (1788.8%).
Interest Coverage: 5TP earns more interest than it pays, so coverage of interest payments is not a concern.