Black Rock Mining Balance Sheet Health
Financial Health criteria checks 6/6
Black Rock Mining has a total shareholder equity of A$59.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$63.1M and A$3.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.10m |
| Equity | AU$59.52m |
| Total liabilities | AU$3.59m |
| Total assets | AU$63.11m |
Recent financial health updates
Companies Like Black Rock Mining (ASX:BKT) Are In A Position To Invest In Growth
Nov 07
We're Hopeful That Black Rock Mining (ASX:BKT) Will Use Its Cash Wisely
Apr 27We're Not Worried About Black Rock Mining's (ASX:BKT) Cash Burn
Jan 13We're Hopeful That Black Rock Mining (ASX:BKT) Will Use Its Cash Wisely
Sep 15We're Hopeful That Black Rock Mining (ASX:BKT) Will Use Its Cash Wisely
Apr 28Recent updates
Companies Like Black Rock Mining (ASX:BKT) Are In A Position To Invest In Growth
Nov 07We're Hopeful That Black Rock Mining (ASX:BKT) Will Use Its Cash Wisely
Apr 27We're Not Worried About Black Rock Mining's (ASX:BKT) Cash Burn
Jan 13We're Hopeful That Black Rock Mining (ASX:BKT) Will Use Its Cash Wisely
Sep 15We're Hopeful That Black Rock Mining (ASX:BKT) Will Use Its Cash Wisely
Apr 28Have Insiders Been Buying Black Rock Mining Limited (ASX:BKT) Shares?
Jan 10Financial Position Analysis
Short Term Liabilities: BKT's short term assets (A$9.6M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: BKT's short term assets (A$9.6M) exceed its long term liabilities (A$353.9K).
Debt to Equity History and Analysis
Debt Level: BKT is debt free.
Reducing Debt: BKT 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: BKT has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BKT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.