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1606 Corp
OTC:CBDW

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1606 Corp
OTC:CBDW
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Price: 0.0006 USD Market Closed
Market Cap: $406.3k

Bankruptcy Probability

1606 Corp's probability of bankruptcy is 8%, signalling a meaningful chance of default. The solvency score is 28/100 — a sign of moderate financial strength.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Very High
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
Jun 30, 2024 75k
Mar 31, 2024 15.9k
Dec 31, 2023 48.9k
Long-Term Investments
+
Jun 30, 2024 0
Mar 31, 2024 0
Dec 31, 2023 0
Debt
+
Jun 30, 2024 1.2m
Mar 31, 2024 1m
Dec 31, 2023 1m

Solvency Ratios

Solvency Ratios Comparison
1606 Corp Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
US
1606 Corp
OTC:CBDW
406.3k USD
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US
Philip Morris International Inc
NYSE:PM
291.3B USD
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UK
British American Tobacco PLC
LSE:BATS
93.8B GBP
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US
Altria Group Inc
NYSE:MO
112.5B USD
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JP
Japan Tobacco Inc
TSE:2914
10.6T JPY
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IN
ITC Ltd
NSE:ITC
4T INR
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UK
Imperial Brands PLC
LSE:IMB
26.1B GBP
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SE
Swedish Match AB
F:SWMC
15.2B EUR
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KR
KT&G Corp
KRX:033780
18.7T KRW
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CN
Smoore International Holdings Ltd
HKEX:6969
75.7B HKD
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ID
Hanjaya Mandala Sampoerna Tbk PT
IDX:HMSP
98.3T IDR
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Is 1606 Corp at risk of bankruptcy?

1606 Corp's probability of bankruptcy is 8%, signalling a meaningful chance of default.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does 1606 Corp have?

As of the latest report, 1606 Corp has total debt of 1.2m USD. This includes both short-term (0 USD) and long-term (1.2m USD) debt.

You can find a full breakdown on its Balance Sheet.

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