BluGlass Balance Sheet Health
Financial Health criteria checks 3/6
BluGlass has a total shareholder equity of A$14.9M and total debt of A$1.1M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are A$23.1M and A$8.3M respectively.
Key information
7.7%
Debt to equity ratio
AU$1.15m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.57m |
| Equity | AU$14.89m |
| Total liabilities | AU$8.25m |
| Total assets | AU$23.14m |
Financial Position Analysis
Short Term Liabilities: BLG's short term assets (A$14.7M) exceed its short term liabilities (A$4.0M).
Long Term Liabilities: BLG's short term assets (A$14.7M) exceed its long term liabilities (A$4.2M).
Debt to Equity History and Analysis
Debt Level: BLG has more cash than its total debt.
Reducing Debt: BLG's debt to equity ratio has increased from 0% to 7.7% 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: BLG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.3% each year