Blue Energy Balance Sheet Health
Financial Health criteria checks 3/6
Blue Energy has a total shareholder equity of A$74.5M and total debt of A$2.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are A$78.1M and A$3.6M respectively.
Key information
2.7%
Debt to equity ratio
AU$2.04m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.72m |
Equity | AU$74.49m |
Total liabilities | AU$3.63m |
Total assets | AU$78.12m |
Recent financial health 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 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 15Financial Position Analysis
Short Term Liabilities: BLU's short term assets (A$9.0M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: BLU's short term assets (A$9.0M) exceed its long term liabilities (A$426.0K).
Debt to Equity History and Analysis
Debt Level: BLU's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: BLU's debt to equity ratio has increased from 0% to 2.7% 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 47% each year