TSXV:CIO Historical Debt Mar 16th 18
More Can CIO service its debt comfortably? With a debt-to-equity ratio of 21.72%, CIO’s debt level may be seen as prudent. This range is considered safe as CIO is not taking on too much debt obligation, which can be restrictive and risky for equity-holders.
Next Steps: Although CIO’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings. This may indicate room for improvement in terms of its operating efficiency. In addition to this, its lack of liquidity raises questions over current asset management practices for the small-cap. Keep in mind I haven’t considered other factors such as how CIO has been performing in the past. You should continue to research Central Iron Ore to get a better picture of the stock by looking at:
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements. The author is an independent contributor and at the time of publication had no position in the stocks mentioned.