Cloudbreak Discovery Balance Sheet Health
Financial Health criteria checks 5/6
Cloudbreak Discovery has a total shareholder equity of £1.6M and total debt of £360.4K, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are £3.4M and £1.8M respectively.
Key information
22.2%
Debt to equity ratio
UK£360.40k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£160.30k |
| Equity | UK£1.62m |
| Total liabilities | UK£1.81m |
| Total assets | UK£3.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDL's short term assets (£2.0M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: CDL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CDL's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CDL's debt to equity ratio has reduced 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: CDL has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CDL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.