A Quick Guide to our Datapoints
These are our datapoints, organized in six sections as they appear in the
datagrid.
Financial Strength:
Working Capital
Current Assets - Current Liabilities. Indicates near-term liquidity available to the company.Current Ratio
Current Assets / Current Liabilities. Indicates a company's abilities to meet its obligations over the coming 12 months. A ratio under 1.0 is often a sign that cash is running low and that the business may be unable to meet its short-term obligations if they all came due at once.Debt Ratio
Total Assets / Total Liabilities. A measure of leverage in the whole firm. A ratio under 0.5 indicates a fairly leveraged business, which may imply more risk. A ratio greater than one indicates more assets than liabilities and greater safety. Miners often borrow the money required to finance a fully-planned and approved mine, so some leverage does not imply high risk if the mine is good.Equity Ratio
Shareholders' Equity / Total Assets. Shows the proportion of assets financed by equity investors and not borrowed money. A higher equity ratio implies less leverage. Burn Time
Cash & Cash Equivalents / ( Latest CFFO / 12 ). Applies only to company with negative CFFO. This metric estimates the number of months left until the company runs out of cash at its current pace of expenditures.
