Blue Energy Balance Sheet Health
Financial Health criteria checks 3/6
Blue Energy has a total shareholder equity of A$73.8M and total debt of A$34.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are A$75.6M and A$1.8M respectively.
Key information
0.05%
Debt to equity ratio
AU$34.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.43m |
| Equity | AU$73.80m |
| Total liabilities | AU$1.76m |
| Total assets | AU$75.55m |
Recent financial health updates
We're Not Very Worried About Blue Energy's (ASX:BLU) Cash Burn Rate
Mar 02
Blue Energy (ASX:BLU) Is In A Good Position To Deliver On Growth Plans
Oct 27Companies Like Blue Energy (ASX:BLU) Are In A Position To Invest In Growth
Jul 07Blue Energy (ASX:BLU) Is In A Good Position To Deliver On Growth Plans
Mar 24We Think Blue Energy (ASX:BLU) Needs To Drive Business Growth Carefully
Dec 02Companies Like Blue Energy (ASX:BLU) Are In A Position To Invest In Growth
Jul 23Recent updates
We're Not Very Worried About Blue Energy's (ASX:BLU) Cash Burn Rate
Mar 02Blue Energy (ASX:BLU) Is In A Good Position To Deliver On Growth Plans
Oct 27Companies Like Blue Energy (ASX:BLU) Are In A Position To Invest In Growth
Jul 07Blue Energy (ASX:BLU) Is In A Good Position To Deliver On Growth Plans
Mar 24We Think Blue Energy (ASX:BLU) Needs To Drive Business Growth Carefully
Dec 02Companies Like Blue Energy (ASX:BLU) Are In A Position To Invest In Growth
Jul 23We Think Blue Energy (ASX:BLU) Can Afford To Drive Business Growth
Mar 30Here's Why We're Not Too Worried About Blue Energy's (ASX:BLU) Cash Burn Situation
Dec 15
Financial Position Analysis
Short Term Liabilities: BLU's short term assets (A$4.6M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: BLU's short term assets (A$4.6M) exceed its long term liabilities (A$634.0K).
Debt to Equity History and Analysis
Debt Level: BLU has more cash than its total debt.
Reducing Debt: BLU's debt to equity ratio has increased from 0% to 0.05% 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: BLU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.9% each year