Collective Mining Balance Sheet Health
Financial Health criteria checks 4/6
Collective Mining has a total shareholder equity of $21.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $24.2M and $3.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.14m |
| Equity | US$21.11m |
| Total liabilities | US$3.09m |
| Total assets | US$24.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNL's short term assets ($21.5M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: CNL's short term assets ($21.5M) exceed its long term liabilities ($123.6K).
Debt to Equity History and Analysis
Debt Level: CNL is debt free.
Reducing Debt: CNL 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: CNL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CNL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.4% each year