Cobalt Blue Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Cobalt Blue Holdings has a total shareholder equity of A$34.2M and total debt of A$2.9M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are A$41.0M and A$6.8M respectively.
Key information
8.5%
Debt to equity ratio
AU$2.91m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$8.74m |
| Equity | AU$34.21m |
| Total liabilities | AU$6.76m |
| Total assets | AU$40.96m |
Recent financial health updates
Does Cobalt Blue Holdings (ASX:COB) Have A Healthy Balance Sheet?
Apr 04
Is Cobalt Blue Holdings (ASX:COB) Using Too Much Debt?
Oct 18Is Cobalt Blue Holdings (ASX:COB) Weighed On By Its Debt Load?
Jun 22Is Cobalt Blue Holdings (ASX:COB) A Risky Investment?
Mar 09Is Cobalt Blue Holdings (ASX:COB) Using Debt In A Risky Way?
Sep 21Does Cobalt Blue Holdings (ASX:COB) Have A Healthy Balance Sheet?
Jun 10Recent updates
Does Cobalt Blue Holdings (ASX:COB) Have A Healthy Balance Sheet?
Apr 04Is Cobalt Blue Holdings (ASX:COB) Using Too Much Debt?
Oct 18Is Cobalt Blue Holdings (ASX:COB) Weighed On By Its Debt Load?
Jun 22Is Cobalt Blue Holdings (ASX:COB) A Risky Investment?
Mar 09Here's Why Shareholders Will Not Be Complaining About Cobalt Blue Holdings Limited's (ASX:COB) CEO Pay Packet
Nov 18Is Cobalt Blue Holdings (ASX:COB) Using Debt In A Risky Way?
Sep 21Does Cobalt Blue Holdings (ASX:COB) Have A Healthy Balance Sheet?
Jun 10How Should Investors Feel About Cobalt Blue Holdings' (ASX:COB) CEO Remuneration?
Feb 25Financial Position Analysis
Short Term Liabilities: COB's short term assets (A$9.1M) exceed its short term liabilities (A$6.5M).
Long Term Liabilities: COB's short term assets (A$9.1M) exceed its long term liabilities (A$289.0K).
Debt to Equity History and Analysis
Debt Level: COB has more cash than its total debt.
Reducing Debt: COB's debt to equity ratio has increased from 0% to 8.5% over the past 5 years.
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: COB has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: COB is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.