Cohiba Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Cohiba Minerals has a total shareholder equity of A$9.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$10.8M and A$973.9K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$884.47k |
Equity | AU$9.81m |
Total liabilities | AU$973.94k |
Total assets | AU$10.78m |
Financial Position Analysis
Short Term Liabilities: CHK's short term assets (A$911.1K) do not cover its short term liabilities (A$973.9K).
Long Term Liabilities: CHK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CHK is debt free.
Reducing Debt: CHK 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: CHK has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CHK is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.