Condor Energies Balance Sheet Health
Financial Health criteria checks 1/6
Condor Energies has a total shareholder equity of CA$-222.0K and total debt of CA$13.9M, which brings its debt-to-equity ratio to -6245.9%. Its total assets and total liabilities are CA$41.1M and CA$41.3M respectively.
Key information
-6,245.9%
Debt to equity ratio
CA$13.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$9.63m |
| Equity | -CA$222.00k |
| Total liabilities | CA$41.34m |
| Total assets | CA$41.11m |
Recent financial health updates
Is Condor Energies (TSE:CDR) Using Too Much Debt?
Mar 08
We're Keeping An Eye On Condor Energies' (TSE:CDR) Cash Burn Rate
Apr 04Here's Why We're A Bit Worried About Condor Petroleum's (TSE:CPI) Cash Burn Situation
Oct 23Recent updates
Investors Appear Satisfied With Condor Energies Inc.'s (TSE:CDR) Prospects As Shares Rocket 28%
Oct 17Why Investors Shouldn't Be Surprised By Condor Energies Inc.'s (TSE:CDR) 26% Share Price Surge
Aug 16Is Condor Energies (TSE:CDR) Using Too Much Debt?
Mar 08We're Keeping An Eye On Condor Energies' (TSE:CDR) Cash Burn Rate
Apr 04Here's Why We're A Bit Worried About Condor Petroleum's (TSE:CPI) Cash Burn Situation
Oct 23Here's What We Think About Condor Petroleum's (TSE:CPI) CEO Pay
Dec 05Financial Position Analysis
Short Term Liabilities: CDR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CDR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CDR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CDR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: CDR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CDR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.