Columbus Energy Balance Sheet Health
Financial Health criteria checks 2/6
Columbus Energy has a total shareholder equity of PLN-55.0M and total debt of PLN548.3M, which brings its debt-to-equity ratio to -997.2%. Its total assets and total liabilities are PLN644.3M and PLN699.3M respectively. Columbus Energy's EBIT is PLN30.9M making its interest coverage ratio 1.2. It has cash and short-term investments of PLN4.8M.
Key information
-997.2%
Debt to equity ratio
zł548.29m
Debt
| Interest coverage ratio | 1.2x |
| Cash | zł4.79m |
| Equity | -zł54.98m |
| Total liabilities | zł699.32m |
| Total assets | zł644.33m |
Recent financial health updates
Is Columbus Energy (WSE:CLC) A Risky Investment?
Aug 10
Health Check: How Prudently Does Columbus Energy (WSE:CLC) Use Debt?
Dec 28Here's Why Columbus Energy (WSE:CLC) Has A Meaningful Debt Burden
Jan 05Columbus Energy (WSE:CLC) Seems To Use Debt Quite Sensibly
Oct 06We Think Columbus Energy (WSE:CLC) Can Stay On Top Of Its Debt
Jan 11
Recent updates
There's Reason For Concern Over Columbus Energy S.A.'s (WSE:CLC) Massive 29% Price Jump
Sep 19Revenues Not Telling The Story For Columbus Energy S.A. (WSE:CLC) After Shares Rise 26%
Aug 04Is Columbus Energy (WSE:CLC) A Risky Investment?
Aug 10Health Check: How Prudently Does Columbus Energy (WSE:CLC) Use Debt?
Dec 28Columbus Energy (WSE:CLC) Shareholders Will Want The ROCE Trajectory To Continue
May 19There's Been No Shortage Of Growth Recently For Columbus Energy's (WSE:CLC) Returns On Capital
Feb 17Here's Why Columbus Energy (WSE:CLC) Has A Meaningful Debt Burden
Jan 05Investors Will Want Columbus Energy's (WSE:CLC) Growth In ROCE To Persist
Nov 17Columbus Energy (WSE:CLC) Seems To Use Debt Quite Sensibly
Oct 06Under The Bonnet, Columbus Energy's (WSE:CLC) Returns Look Impressive
Aug 03Here's Why I Think Columbus Energy (WSE:CLC) Is An Interesting Stock
Jul 17A Look At The Intrinsic Value Of Columbus Energy S.A. (WSE:CLC)
May 29Do Columbus Energy's (WSE:CLC) Earnings Warrant Your Attention?
Feb 22Should You Rely On Columbus Energy's (WSE:CLC) Earnings Growth?
Jan 31We Think Columbus Energy (WSE:CLC) Can Stay On Top Of Its Debt
Jan 11Calculating The Fair Value Of Columbus Energy S.A. (WSE:CLC)
Dec 20Should You Be Excited About Columbus Energy S.A.'s (WSE:CLC) 61% Return On Equity?
Nov 29Financial Position Analysis
Short Term Liabilities: CLC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CLC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CLC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CLC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable CLC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.7% per year.