Blue Star Helium Balance Sheet Health
Financial Health criteria checks 5/6
Blue Star Helium has a total shareholder equity of A$21.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$22.5M and A$583.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$6.87m |
Equity | AU$21.92m |
Total liabilities | AU$583.19k |
Total assets | AU$22.50m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BNL's short term assets (A$7.3M) exceed its short term liabilities (A$548.5K).
Long Term Liabilities: BNL's short term assets (A$7.3M) exceed its long term liabilities (A$34.6K).
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 more than a year based on its current free cash flow.
Forecast Cash Runway: BNL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.2% each year