Callinex Mines Balance Sheet Health
Financial Health criteria checks 2/6
Callinex Mines has a total shareholder equity of CA$38.8M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CA$41.7M and CA$2.8M respectively.
Key information
0.1%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$586.23k |
Equity | CA$38.84m |
Total liabilities | CA$2.83m |
Total assets | CA$41.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLLX.F's short term assets (CA$736.3K) exceed its short term liabilities (CA$377.5K).
Long Term Liabilities: CLLX.F's short term assets (CA$736.3K) do not cover its long term liabilities (CA$2.5M).
Debt to Equity History and Analysis
Debt Level: CLLX.F has more cash than its total debt.
Reducing Debt: CLLX.F's debt to equity ratio has increased from 0% to 0.1% 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: CLLX.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CLLX.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year