Colibri Resource Balance Sheet Health
Financial Health criteria checks 2/6
Colibri Resource has a total shareholder equity of CA$3.9M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CA$6.1M and CA$2.2M respectively.
Key information
42.5%
Debt to equity ratio
CA$1.67m
Debt
Interest coverage ratio | n/a |
Cash | CA$348.99k |
Equity | CA$3.93m |
Total liabilities | CA$2.16m |
Total assets | CA$6.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBI's short term assets (CA$601.6K) exceed its short term liabilities (CA$418.7K).
Long Term Liabilities: CBI's short term assets (CA$601.6K) do not cover its long term liabilities (CA$1.7M).
Debt to Equity History and Analysis
Debt Level: CBI's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: CBI's debt to equity ratio has increased from 8.4% to 42.5% 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: CBI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CBI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16% each year