BlueBet Holdings Balance Sheet Health

Financial Health criteria checks 5/6

BlueBet Holdings has a total shareholder equity of A$3.4M and total debt of A$174.0K, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are A$37.5M and A$34.1M respectively.

Key information

5.1%

Debt to equity ratio

AU$174.00k

Debt

Interest coverage ration/a
CashAU$24.49m
EquityAU$3.43m
Total liabilitiesAU$34.08m
Total assetsAU$37.51m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BBT's short term assets (A$27.0M) exceed its short term liabilities (A$19.3M).

Long Term Liabilities: BBT's short term assets (A$27.0M) exceed its long term liabilities (A$14.8M).


Debt to Equity History and Analysis

Debt Level: BBT has more cash than its total debt.

Reducing Debt: BBT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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: BBT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BBT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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