Kodal Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Kodal Minerals has a total shareholder equity of £14.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £19.1M and £4.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£1.71m |
Equity | UK£14.72m |
Total liabilities | UK£4.35m |
Total assets | UK£19.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7UE's short term assets (£2.0M) do not cover its short term liabilities (£4.3M).
Long Term Liabilities: 7UE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 7UE is debt free.
Reducing Debt: 7UE had no debt 5 years ago.
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: 7UE has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 7UE is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.