Butn Balance Sheet Health
Financial Health criteria checks 4/6
Butn has a total shareholder equity of A$12.6M and total debt of A$79.0M, which brings its debt-to-equity ratio to 627.5%. Its total assets and total liabilities are A$95.1M and A$82.5M respectively.
Key information
627.5%
Debt to equity ratio
AU$79.00m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.74m |
Equity | AU$12.59m |
Total liabilities | AU$82.48m |
Total assets | AU$95.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTN's short term assets (A$90.6M) exceed its short term liabilities (A$3.6M).
Long Term Liabilities: BTN's short term assets (A$90.6M) exceed its long term liabilities (A$78.9M).
Debt to Equity History and Analysis
Debt Level: BTN's net debt to equity ratio (581.9%) is considered high.
Reducing Debt: Insufficient data to determine if BTN's debt to equity ratio has reduced 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: BTN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BTN is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.