Boom Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Boom Logistics has a total shareholder equity of A$109.2M and total debt of A$9.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are A$216.2M and A$107.0M respectively. Boom Logistics's EBIT is A$8.6M making its interest coverage ratio 1.6. It has cash and short-term investments of A$2.4M.
Key information
8.9%
Debt to equity ratio
AU$9.71m
Debt
| Interest coverage ratio | 1.6x |
| Cash | AU$2.37m |
| Equity | AU$109.19m |
| Total liabilities | AU$106.97m |
| Total assets | AU$216.15m |
Recent financial health updates
Here's Why Boom Logistics (ASX:BOL) Can Manage Its Debt Responsibly
Aug 30
These 4 Measures Indicate That Boom Logistics (ASX:BOL) Is Using Debt Reasonably Well
Feb 27Recent updates
Boom Logistics Limited's (ASX:BOL) Shares Not Telling The Full Story
Mar 14Boom Logistics (ASX:BOL) Might Have The Makings Of A Multi-Bagger
Jan 25Boom Logistics Limited's (ASX:BOL) Price Is Out Of Tune With Earnings
Jul 14Boom Logistics (ASX:BOL) Shareholders Will Want The ROCE Trajectory To Continue
Oct 06Here's Why Boom Logistics (ASX:BOL) Can Manage Its Debt Responsibly
Aug 30Boom Logistics (ASX:BOL) Might Have The Makings Of A Multi-Bagger
May 11Boom Logistics' (ASX:BOL) Robust Earnings Are Supported By Other Strong Factors
Mar 03These 4 Measures Indicate That Boom Logistics (ASX:BOL) Is Using Debt Reasonably Well
Feb 27Boom Logistics Limited's (ASX:BOL) CEO Compensation Looks Acceptable To Us And Here's Why
Nov 19A Quick Analysis On Boom Logistics' (ASX:BOL) CEO Salary
Mar 01If You Had Bought Boom Logistics (ASX:BOL) Stock Five Years Ago, You Could Pocket A 105% Gain Today
Nov 28Financial Position Analysis
Short Term Liabilities: BOL's short term assets (A$60.9M) do not cover its short term liabilities (A$70.7M).
Long Term Liabilities: BOL's short term assets (A$60.9M) exceed its long term liabilities (A$36.2M).
Debt to Equity History and Analysis
Debt Level: BOL's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: BOL's debt to equity ratio has reduced from 25.5% to 8.9% 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: Whilst unprofitable BOL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BOL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.6% per year.