CMC Metals Balance Sheet Health
Financial Health criteria checks 6/6
CMC Metals has a total shareholder equity of CA$445.3K and total debt of CA$40.0K, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CA$916.4K and CA$471.1K respectively.
Key information
9.0%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$192.57k |
Equity | CA$445.31k |
Total liabilities | CA$471.08k |
Total assets | CA$916.39k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMCX.F's short term assets (CA$583.9K) exceed its short term liabilities (CA$285.0K).
Long Term Liabilities: CMCX.F's short term assets (CA$583.9K) exceed its long term liabilities (CA$186.1K).
Debt to Equity History and Analysis
Debt Level: CMCX.F has more cash than its total debt.
Reducing Debt: CMCX.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CMCX.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CMCX.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.