CMX Gold & Silver Balance Sheet Health
Financial Health criteria checks 3/6
CMX Gold & Silver has a total shareholder equity of CA$416.2K and total debt of CA$15.7K, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CA$699.3K and CA$283.1K respectively.
Key information
3.8%
Debt to equity ratio
CA$15.69k
Debt
Interest coverage ratio | n/a |
Cash | CA$4.37k |
Equity | CA$416.22k |
Total liabilities | CA$283.07k |
Total assets | CA$699.29k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CXXM.F's short term assets (CA$4.4K) do not cover its short term liabilities (CA$283.1K).
Long Term Liabilities: CXXM.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CXXM.F's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: CXXM.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: CXXM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CXXM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37.3% each year