Black Cat Syndicate Balance Sheet Health
Financial Health criteria checks 4/6
Black Cat Syndicate has a total shareholder equity of A$117.0M and total debt of A$9.1M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are A$157.8M and A$40.8M respectively.
Key information
7.8%
Debt to equity ratio
AU$9.15m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.98m |
| Equity | AU$116.99m |
| Total liabilities | AU$40.80m |
| Total assets | AU$157.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BC8's short term assets (A$17.1M) exceed its short term liabilities (A$9.8M).
Long Term Liabilities: BC8's short term assets (A$17.1M) do not cover its long term liabilities (A$31.0M).
Debt to Equity History and Analysis
Debt Level: BC8 has more cash than its total debt.
Reducing Debt: BC8's debt to equity ratio has increased from 0% to 7.8% 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: BC8 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BC8 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.