Cobra Venture Balance Sheet Health
Financial Health criteria checks 6/6
Cobra Venture has a total shareholder equity of CA$3.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.1M and CA$108.7K respectively. Cobra Venture's EBIT is CA$7.8K making its interest coverage ratio -0.1. It has cash and short-term investments of CA$2.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -0.06x |
| Cash | CA$2.08m |
| Equity | CA$3.03m |
| Total liabilities | CA$108.69k |
| Total assets | CA$3.14m |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Cobra Venture Corporation (CVE:CBV) As Shares Slide 30%
Aug 07
Estimating The Fair Value Of Cobra Venture Corporation (CVE:CBV)
Sep 09A Piece Of The Puzzle Missing From Cobra Venture Corporation's (CVE:CBV) Share Price
Apr 03Estimating The Fair Value Of Cobra Venture Corporation (CVE:CBV)
Oct 15Most Shareholders Will Probably Find That The CEO Compensation For Cobra Venture Corporation (CVE:CBV) Is Reasonable
May 07Financial Position Analysis
Short Term Liabilities: CBV's short term assets (CA$2.4M) exceed its short term liabilities (CA$30.0K).
Long Term Liabilities: CBV's short term assets (CA$2.4M) exceed its long term liabilities (CA$78.7K).
Debt to Equity History and Analysis
Debt Level: CBV is debt free.
Reducing Debt: CBV had no debt 5 years ago.
Debt Coverage: CBV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CBV has no debt, therefore coverage of interest payments is not a concern.