Oriole Resources Balance Sheet Health

Financial Health criteria checks 6/6

Oriole Resources has a total shareholder equity of £13.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £14.2M and £1.2M respectively.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ration/a
CashUK£2.02m
EquityUK£13.02m
Total liabilitiesUK£1.22m
Total assetsUK£14.23m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: S1Y's short term assets (£2.1M) exceed its short term liabilities (£339.0K).

Long Term Liabilities: S1Y's short term assets (£2.1M) exceed its long term liabilities (£876.0K).


Debt to Equity History and Analysis

Debt Level: S1Y is debt free.

Reducing Debt: S1Y has not had any debt for 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: S1Y has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: S1Y has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 9% each year.


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