Cobre Balance Sheet Health
Financial Health criteria checks 6/6
Cobre has a total shareholder equity of A$30.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$31.5M and A$928.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$980.63k |
| Equity | AU$30.58m |
| Total liabilities | AU$928.24k |
| Total assets | AU$31.51m |
Financial Position Analysis
Short Term Liabilities: CBE's short term assets (A$1.2M) exceed its short term liabilities (A$928.2K).
Long Term Liabilities: CBE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CBE is debt free.
Reducing Debt: CBE 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: CBE has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CBE is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.