Colibri Resource Balance Sheet Health
Financial Health criteria checks 3/6
Colibri Resource has a total shareholder equity of CA$2.9M and total debt of CA$1.4M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are CA$5.0M and CA$2.1M respectively.
Key information
48.8%
Debt to equity ratio
CA$1.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$150.45k |
| Equity | CA$2.91m |
| Total liabilities | CA$2.06m |
| Total assets | CA$4.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRUC.F's short term assets (CA$431.5K) do not cover its short term liabilities (CA$907.7K).
Long Term Liabilities: CRUC.F's short term assets (CA$431.5K) do not cover its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: CRUC.F's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: CRUC.F's debt to equity ratio has reduced from 352.6% to 48.8% 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: CRUC.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRUC.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.