Oriole Resources Balance Sheet Health
Financial Health criteria checks 5/6
Oriole Resources has a total shareholder equity of £11.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £12.0M and £607.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£707.00k |
Equity | UK£11.40m |
Total liabilities | UK£607.00k |
Total assets | UK£12.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORR's short term assets (£839.0K) exceed its short term liabilities (£607.0K).
Long Term Liabilities: ORR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ORR is debt free.
Reducing Debt: ORR 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: ORR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ORR has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 8.8% each year.