Cocoa Processing Balance Sheet Health
Financial Health criteria checks 2/6
Cocoa Processing has a total shareholder equity of $5.7M and total debt of $54.3M, which brings its debt-to-equity ratio to 945.1%. Its total assets and total liabilities are $129.0M and $123.3M respectively.
Key information
945.1%
Debt to equity ratio
US$54.32m
Debt
Interest coverage ratio | n/a |
Cash | US$4.00m |
Equity | US$5.75m |
Total liabilities | US$123.28m |
Total assets | US$129.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPC's short term assets ($20.7M) do not cover its short term liabilities ($93.2M).
Long Term Liabilities: CPC's short term assets ($20.7M) do not cover its long term liabilities ($30.1M).
Debt to Equity History and Analysis
Debt Level: CPC's net debt to equity ratio (875.5%) is considered high.
Reducing Debt: CPC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: CPC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CPC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.3% each year