Braille Energy Systems Balance Sheet Health
Financial Health criteria checks 4/6
Braille Energy Systems has a total shareholder equity of CA$727.5K and total debt of CA$40.0K, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are CA$2.9M and CA$2.1M respectively.
Key information
5.5%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$183.61k |
Equity | CA$727.50k |
Total liabilities | CA$2.14m |
Total assets | CA$2.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BES's short term assets (CA$2.3M) exceed its short term liabilities (CA$1.8M).
Long Term Liabilities: BES's short term assets (CA$2.3M) exceed its long term liabilities (CA$318.3K).
Debt to Equity History and Analysis
Debt Level: BES has more cash than its total debt.
Reducing Debt: BES's debt to equity ratio has reduced from 47.7% to 5.5% 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: BES has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BES has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.3% each year