Central Iron Ore Balance Sheet Health
Financial Health criteria checks 1/6
Central Iron Ore has a total shareholder equity of A$1.5M and total debt of A$2.9M, which brings its debt-to-equity ratio to 197.3%. Its total assets and total liabilities are A$4.4M and A$2.9M respectively.
Key information
197.3%
Debt to equity ratio
AU$2.91m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$146.88k |
| Equity | AU$1.47m |
| Total liabilities | AU$2.91m |
| Total assets | AU$4.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIOR.F's short term assets (A$242.0K) do not cover its short term liabilities (A$2.9M).
Long Term Liabilities: CIOR.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CIOR.F's net debt to equity ratio (187.3%) is considered high.
Reducing Debt: CIOR.F's debt to equity ratio has increased from 22.5% to 197.3% 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: CIOR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CIOR.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.2% each year