Core One Labs Balance Sheet Health
Financial Health criteria checks 3/6
Core One Labs has a total shareholder equity of CA$6.7M and total debt of CA$280.0K, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CA$8.1M and CA$1.4M respectively.
Key information
4.2%
Debt to equity ratio
CA$280.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$736.48k |
| Equity | CA$6.72m |
| Total liabilities | CA$1.40m |
| Total assets | CA$8.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COOL's short term assets (CA$1.1M) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: COOL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: COOL has more cash than its total debt.
Reducing Debt: COOL's debt to equity ratio has reduced from 5.1% to 4.2% 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: Insufficient data to determine if COOL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if COOL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.