Canadian Manganese Balance Sheet Health
Financial Health criteria checks 2/6
Canadian Manganese has a total shareholder equity of CA$12.5M and total debt of CA$4.2M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are CA$17.8M and CA$5.3M respectively.
Key information
33.5%
Debt to equity ratio
CA$4.20m
Debt
Interest coverage ratio | n/a |
Cash | CA$30.24k |
Equity | CA$12.52m |
Total liabilities | CA$5.27m |
Total assets | CA$17.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDMN.F's short term assets (CA$202.3K) do not cover its short term liabilities (CA$5.3M).
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 (33.3%) is considered satisfactory.
Reducing Debt: CDMN.F's debt to equity ratio has increased from 0% to 33.5% 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 57% each year