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 ratio | n/a |
| Cash | UK£2.02m |
| Equity | UK£13.02m |
| Total liabilities | UK£1.22m |
| Total assets | UK£14.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORR's short term assets (£2.1M) exceed its short term liabilities (£339.0K).
Long Term Liabilities: ORR's short term assets (£2.1M) exceed its long term liabilities (£876.0K).
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ORR has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 9% each year.