Clifton Mining Balance Sheet Health
Financial Health criteria checks 6/6
Clifton Mining has a total shareholder equity of $4.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.7M and $66.7K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.32m |
| Equity | US$4.63m |
| Total liabilities | US$66.66k |
| Total assets | US$4.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFTN's short term assets ($1.4M) exceed its short term liabilities ($1.8K).
Long Term Liabilities: CFTN's short term assets ($1.4M) exceed its long term liabilities ($64.9K).
Debt to Equity History and Analysis
Debt Level: CFTN is debt free.
Reducing Debt: CFTN has not had any debt for 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: CFTN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CFTN has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 44.7% each year.