CNMC Goldmine Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CNMC Goldmine Holdings has a total shareholder equity of $47.1M and total debt of $746.0K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $59.7M and $12.6M respectively. CNMC Goldmine Holdings's EBIT is $7.5M making its interest coverage ratio 2370. It has cash and short-term investments of $10.9M.
Key information
1.6%
Debt to equity ratio
US$745.96k
Debt
Interest coverage ratio | 2370x |
Cash | US$10.90m |
Equity | US$47.10m |
Total liabilities | US$12.64m |
Total assets | US$59.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TP's short term assets ($19.5M) exceed its short term liabilities ($9.2M).
Long Term Liabilities: 5TP's short term assets ($19.5M) exceed its long term liabilities ($3.5M).
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 1.6% over the past 5 years.
Debt Coverage: 5TP's debt is well covered by operating cash flow (1837.9%).
Interest Coverage: 5TP's interest payments on its debt are well covered by EBIT (2370x coverage).