Control Bionics Balance Sheet Health

Financial Health criteria checks 6/6

Control Bionics has a total shareholder equity of A$7.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.9M and A$1.2M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$1.31m
EquityAU$7.70m
Total liabilitiesAU$1.22m
Total assetsAU$8.93m

Recent financial health updates

Recent updates

Companies Like Control Bionics (ASX:CBL) Are In A Position To Invest In Growth

Jan 19
Companies Like Control Bionics (ASX:CBL) Are In A Position To Invest In Growth

We're Hopeful That Control Bionics (ASX:CBL) Will Use Its Cash Wisely

Sep 17
We're Hopeful That Control Bionics (ASX:CBL) Will Use Its Cash Wisely

Financial Position Analysis

Short Term Liabilities: CBL's short term assets (A$3.8M) exceed its short term liabilities (A$1.2M).

Long Term Liabilities: CBL's short term assets (A$3.8M) exceed its long term liabilities (A$69.4K).


Debt to Equity History and Analysis

Debt Level: CBL is debt free.

Reducing Debt: CBL had no debt 5 years ago.


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: CBL has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CBL is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.


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