Century Cobalt Financials
This page shows Century Cobalt (CCOB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2021 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Century Cobalt's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Century Cobalt's current ratio of 0.02 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Century Cobalt earns $-6.3 in operating income for every $1 of interest expense (-$615K vs $97K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Cash & Balance Sheet
Century Cobalt held $27K in cash against $0 in long-term debt as of fiscal year 2021.
Century Cobalt had 104M shares outstanding in fiscal year 2021. This represents an increase of 32.0% from the prior year.
Margins & Returns
Capital Allocation
CCOB Income Statement
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $20K+79.7% | $11K | N/A | N/A | $2K-82.1% | $11K+0.9% | $11K | N/A |
| Operating Income | N/A | -$85K | N/A | N/A | -$238K-43.8% | -$166K-16.2% | -$142K | N/A |
| Interest Expense | N/A | $33K | N/A | N/A | $31K+53.0% | $20K-42.1% | $35K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | $53K | N/A | N/A | -$247K-26.3% | -$195K+4.3% | -$204K | N/A |
| EPS (Diluted) | N/A | $0.00 | N/A | N/A | N/A | N/A | N/A | N/A |
CCOB Balance Sheet
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6K-93.3% | $94K+21083.6% | $446-99.7% | $159K-53.3% | $341K+18.2% | $288K-10.8% | $323K-12.0% | $367K |
| Current Assets | $6K-93.3% | $94K+21083.6% | $446-98.3% | $27K+10.5% | $24K-40.3% | $40K-46.3% | $75K-37.0% | $119K |
| Cash & Equivalents | $6K-92.8% | $88K+19539.7% | $446-98.3% | $27K+249.8% | $8K+295.0% | $2K-68.0% | $6K-69.0% | $19K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.8M+3.1% | $1.7M-0.3% | $1.8M+3.9% | $1.7M+8.9% | $1.6M-12.1% | $1.8M+7.6% | $1.6M+10.4% | $1.5M |
| Current Liabilities | $1.8M+0.5% | $1.8M+2.2% | $1.8M+3.9% | $1.7M+9.4% | $1.5M-12.5% | $1.8M+7.6% | $1.6M+21.4% | $1.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | $920K | N/A | N/A | N/A |
| Total Equity | -$1.8M-8.6% | -$1.7M+5.7% | -$1.8M-14.6% | -$1.5M-26.5% | -$1.2M+18.0% | -$1.5M-11.0% | -$1.3M-19.0% | -$1.1M |
| Retained Earnings | -$5.0M-2.0% | -$4.9M+1.1% | -$5.0M-4.7% | -$4.7M-5.6% | -$4.5M-7.4% | -$4.2M-4.9% | -$4.0M-4.1% | -$3.8M |
CCOB Cash Flow Statement
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$193K | N/A | -$22K+76.0% | -$93K-16.1% | -$80K-32.3% | -$60K+54.3% | -$132K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | N/A | N/A | -$1K+98.1% | -$69K | N/A | N/A | $0 |
| Financing Cash Flow | -$15K-111.0% | $132K | $0-100.0% | $43K-74.5% | $167K+120.6% | $76K+61.5% | $47K-71.4% | $164K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CCOB Financial Ratios
| Metric | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | 55.9% | N/A | N/A | -72.3%-4.6pp | -67.7%-4.5pp | -63.2% | N/A |
| Current Ratio | 0.00-0.0 | 0.05+0.1 | 0.00-0.0 | 0.020.0 | 0.020.0 | 0.02-0.0 | 0.05-0.0 | 0.09 |
| Debt-to-Equity | -1.00+0.1 | -1.06-0.1 | -1.00+0.1 | -1.10-0.3 | -0.76+0.4 | -1.20+0.0 | -1.23+0.1 | -1.33 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$1.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is Century Cobalt's operating cash flow?
Century Cobalt (CCOB) generated -$255K in operating cash flow during fiscal year 2021, representing cash generated from core business activities.
What are Century Cobalt's total assets?
Century Cobalt (CCOB) had $159K in total assets as of fiscal year 2021, including both current and long-term assets.
What is Century Cobalt's current ratio?
Century Cobalt (CCOB) had a current ratio of 0.02 as of fiscal year 2021, which is below 1.0, which may suggest potential liquidity concerns.
What is Century Cobalt's debt-to-equity ratio?
Century Cobalt (CCOB) had a debt-to-equity ratio of -1.10 as of fiscal year 2021, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Century Cobalt's cash runway?
Based on fiscal year 2021 data, Century Cobalt (CCOB) had $27K in cash against an annual operating cash burn of $255K. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Century Cobalt's debt-to-equity ratio negative or unusual?
Century Cobalt (CCOB) has negative shareholder equity of -$1.5M as of fiscal year 2021, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Can Century Cobalt cover its interest payments?
Century Cobalt (CCOB) has an interest coverage ratio of -6.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Century Cobalt?
Century Cobalt (CCOB) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.