Cordel Group Balance Sheet Health
Financial Health criteria checks 6/6
Cordel Group has a total shareholder equity of £3.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.4M and £1.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£1.19m |
Equity | UK£3.08m |
Total liabilities | UK£1.28m |
Total assets | UK£4.36m |
Recent financial health updates
Recent updates
Calculating The Fair Value Of Cordel Group Plc (LON:CRDL)
Apr 26Why Cordel Group Plc (LON:CRDL) Could Be Worth Watching
Feb 27Is There An Opportunity With Cordel Group Plc's (LON:CRDL) 22% Undervaluation?
Mar 16We Take A Look At Whether Cordel Group Plc's (LON:CRDL) CEO May Be Underpaid
Nov 11Here's Why We're Watching Cordel Group's (LON:CRDL) Cash Burn Situation
Dec 13Financial Position Analysis
Short Term Liabilities: CRDL's short term assets (£2.9M) exceed its short term liabilities (£1.3M).
Long Term Liabilities: CRDL's short term assets (£2.9M) exceed its long term liabilities (£2.0K).
Debt to Equity History and Analysis
Debt Level: CRDL is debt free.
Reducing Debt: CRDL had no debt 5 years ago.
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: CRDL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRDL has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 14.1% each year.