Cobalt Blue Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Cobalt Blue Holdings has a total shareholder equity of A$62.9M and total debt of A$2.9M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are A$70.1M and A$7.2M respectively.
Key information
4.6%
Debt to equity ratio
AU$2.89m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.27m |
Equity | AU$62.92m |
Total liabilities | AU$7.20m |
Total assets | AU$70.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CBBH.F's short term assets (A$10.0M) exceed its short term liabilities (A$4.0M).
Long Term Liabilities: CBBH.F's short term assets (A$10.0M) exceed its long term liabilities (A$3.2M).
Debt to Equity History and Analysis
Debt Level: CBBH.F has more cash than its total debt.
Reducing Debt: CBBH.F's debt to equity ratio has increased from 0% to 4.6% over the 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: CBBH.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CBBH.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.