Cora Gold Balance Sheet Health
Financial Health criteria checks 5/6
Cora Gold has a total shareholder equity of $24.7M and total debt of $15.9M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are $40.8M and $16.1M respectively.
Key information
64.3%
Debt to equity ratio
US$15.86m
Debt
Interest coverage ratio | n/a |
Cash | US$16.85m |
Equity | US$24.66m |
Total liabilities | US$16.12m |
Total assets | US$40.77m |
Recent financial health updates
Is Cora Gold (LON:CORA) Using Debt In A Risky Way?
May 22Is Cora Gold (LON:CORA) Using Debt In A Risky Way?
Oct 05We Think Cora Gold (LON:CORA) Can Afford To Drive Business Growth
Sep 01Is Cora Gold (LON:CORA) In A Good Position To Invest In Growth?
May 19Is Cora Gold (LON:CORA) In A Good Position To Invest In Growth?
Dec 31Recent updates
Is Cora Gold (LON:CORA) Using Debt In A Risky Way?
May 22Is Cora Gold (LON:CORA) Using Debt In A Risky Way?
Oct 05We Think Cora Gold (LON:CORA) Can Afford To Drive Business Growth
Sep 01Is Cora Gold (LON:CORA) In A Good Position To Invest In Growth?
May 19Is Cora Gold (LON:CORA) In A Good Position To Invest In Growth?
Dec 31Financial Position Analysis
Short Term Liabilities: CORA's short term assets ($16.9M) exceed its short term liabilities ($16.1M).
Long Term Liabilities: CORA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CORA has more cash than its total debt.
Reducing Debt: CORA's debt to equity ratio has increased from 0% to 64.3% 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: CORA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CORA has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.3% each year