Coelacanth Energy Balance Sheet Health
Financial Health criteria checks 4/6
Coelacanth Energy has a total shareholder equity of CA$170.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$192.3M and CA$22.2M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$47.25m |
| Equity | CA$170.12m |
| Total liabilities | CA$22.16m |
| Total assets | CA$192.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEIE.F's short term assets (CA$49.9M) exceed its short term liabilities (CA$14.2M).
Long Term Liabilities: CEIE.F's short term assets (CA$49.9M) exceed its long term liabilities (CA$7.9M).
Debt to Equity History and Analysis
Debt Level: CEIE.F is debt free.
Reducing Debt: CEIE.F 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: CEIE.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CEIE.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 76.5% each year