Cobra Venture Balance Sheet Health

Financial Health criteria checks 6/6

Cobra Venture has a total shareholder equity of CA$3.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$3.5M and CA$124.6K respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$2.50m
Equity	CA$3.39m
Total liabilities	CA$124.64k
Total assets	CA$3.51m

Recent financial health updates

No updates

Recent updates

Estimating The Fair Value Of Cobra Venture Corporation (CVE:CBV)

Sep 09

A Piece Of The Puzzle Missing From Cobra Venture Corporation's (CVE:CBV) Share Price

Apr 03

Estimating The Fair Value Of Cobra Venture Corporation (CVE:CBV)

Oct 15

Most Shareholders Will Probably Find That The CEO Compensation For Cobra Venture Corporation (CVE:CBV) Is Reasonable

May 07

Financial Position Analysis

Short Term Liabilities: CBV's short term assets (CA$2.6M) exceed its short term liabilities (CA$48.3K).

Long Term Liabilities: CBV's short term assets (CA$2.6M) exceed its long term liabilities (CA$76.3K).

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.

Cobra Venture Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Inaugural dividend of CA$0.027 per share

Full year 2023 earnings released

New major risk - Revenue size

Less than half of directors are independent

Cobra Venture Corporation, Annual General Meeting, May 23, 2024

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2023 earnings released: EPS: CA$0.003 (vs CA$0.017 in 3Q 2022)

Director exercised options to buy CA$70k worth of stock.

New minor risk - Shareholder dilution

Estimating The Fair Value Of Cobra Venture Corporation (CVE:CBV)

Less than half of directors are independent

New minor risk - Profit margin trend

Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.004 profit in 2Q 2022)

A Piece Of The Puzzle Missing From Cobra Venture Corporation's (CVE:CBV) Share Price

Full year 2022 earnings released: EPS: CA$0.023 (vs CA$0.007 in FY 2021)

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CA$0.017 (vs CA$0.002 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CA$0.004 (vs CA$0.004 loss in 2Q 2021)

First quarter 2022 earnings released: EPS: CA$0.002 (vs CA$0.003 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Less than half of directors are independent

Estimating The Fair Value Of Cobra Venture Corporation (CVE:CBV)

Third quarter 2021 earnings released: EPS CA$0.002 (vs CA$0.012 loss in 3Q 2020)

Second quarter 2021 earnings released: CA$0.004 loss per share (vs CA$0.004 loss in 2Q 2020)

Most Shareholders Will Probably Find That The CEO Compensation For Cobra Venture Corporation (CVE:CBV) Is Reasonable

First quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.004 loss in 1Q 2020)

Full year 2020 earnings released

Cobra Venture Corporation, Annual General Meeting, May 13, 2021

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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