Canoe Mining Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Canoe Mining Ventures has a total shareholder equity of CA$235.7K and total debt of CA$88.3K, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are CA$354.7K and CA$118.9K respectively.
Key information
37.5%
Debt to equity ratio
CA$88.34k
Debt
Interest coverage ratio | n/a |
Cash | CA$194.10k |
Equity | CA$235.74k |
Total liabilities | CA$118.92k |
Total assets | CA$354.66k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNMV.F's short term assets (CA$328.2K) exceed its short term liabilities (CA$118.9K).
Long Term Liabilities: CNMV.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CNMV.F has more cash than its total debt.
Reducing Debt: CNMV.F's debt to equity ratio has increased from 12.4% to 37.5% 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: CNMV.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CNMV.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.7% each year.