Canadian Manganese Balance Sheet Health
Financial Health criteria checks 1/6
Canadian Manganese has a total shareholder equity of CA$11.0M and total debt of CA$4.8M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are CA$17.7M and CA$6.7M respectively.
Key information
43.2%
Debt to equity ratio
CA$4.76m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.82k |
| Equity | CA$11.02m |
| Total liabilities | CA$6.69m |
| Total assets | CA$17.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDMN.F's short term assets (CA$49.5K) do not cover its short term liabilities (CA$6.7M).
Long Term Liabilities: CDMN.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CDMN.F's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: CDMN.F's debt to equity ratio has increased from 0% to 43.2% over the past 5 years.
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: CDMN.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CDMN.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.1% each year