Butn Balance Sheet Health
Financial Health criteria checks 4/6
Butn has a total shareholder equity of A$8.1M and total debt of A$79.7M, which brings its debt-to-equity ratio to 983.6%. Its total assets and total liabilities are A$91.3M and A$83.2M respectively.
Key information
983.6%
Debt to equity ratio
AU$79.73m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.36m |
| Equity | AU$8.11m |
| Total liabilities | AU$83.16m |
| Total assets | AU$91.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTN's short term assets (A$88.8M) exceed its short term liabilities (A$71.9M).
Long Term Liabilities: BTN's short term assets (A$88.8M) exceed its long term liabilities (A$11.2M).
Debt to Equity History and Analysis
Debt Level: BTN's net debt to equity ratio (818.7%) is considered high.
Reducing Debt: BTN's debt to equity ratio has increased from 0% to 983.6% 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 3 years based on its current free cash flow.
Forecast Cash Runway: BTN has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 32.2% each year.