Blue Star Helium Balance Sheet Health
Financial Health criteria checks 4/6
Blue Star Helium has a total shareholder equity of A$10.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.4M and A$11.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.22m |
| Equity | AU$10.87m |
| Total liabilities | AU$11.48m |
| Total assets | AU$22.35m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BNL's short term assets (A$1.6M) exceed its short term liabilities (A$734.9K).
Long Term Liabilities: BNL's short term assets (A$1.6M) do not cover its long term liabilities (A$10.7M).
Debt to Equity History and Analysis
Debt Level: BNL is debt free.
Reducing Debt: BNL had no debt 5 years ago.
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: BNL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if BNL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.