Corsa Coal Balance Sheet Health
Financial Health criteria checks 3/6
Corsa Coal has a total shareholder equity of $67.9M and total debt of $16.6M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $179.3M and $111.3M respectively.
Key information
24.5%
Debt to equity ratio
US$16.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.38m |
| Equity | US$67.92m |
| Total liabilities | US$111.33m |
| Total assets | US$179.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRSX.F's short term assets ($25.3M) do not cover its short term liabilities ($36.2M).
Long Term Liabilities: CRSX.F's short term assets ($25.3M) do not cover its long term liabilities ($75.1M).
Debt to Equity History and Analysis
Debt Level: CRSX.F's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: CRSX.F's debt to equity ratio has increased from 17.7% to 24.5% 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: Whilst unprofitable CRSX.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CRSX.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.5% per year.