Blackline Safety Balance Sheet Health
Financial Health criteria checks 3/6
Blackline Safety has a total shareholder equity of CA$28.1M and total debt of CA$20.1M, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are CA$107.2M and CA$79.1M respectively.
Key information
71.4%
Debt to equity ratio
CA$20.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$15.93m |
| Equity | CA$28.13m |
| Total liabilities | CA$79.07m |
| Total assets | CA$107.19m |
Recent financial health updates
Recent updates
Blackline Safety Corp. (TSE:BLN) Analysts Are Pretty Bullish On The Stock After Recent Results
Mar 18
Is Blackline Safety Corp. (TSE:BLN) Trading At A 46% Discount?
Jan 04Is Blackline Safety (TSE:BLN) Using Debt In A Risky Way?
Oct 19Is There An Opportunity With Blackline Safety Corp.'s (TSE:BLN) 48% Undervaluation?
Jul 29It May Be Possible That Blackline Safety Corp.'s (TSE:BLN) CEO Compensation Could Get Bumped Up
Mar 16Here's Why Blackline Safety Corp.'s (CVE:BLN) CEO May Deserve A Raise
Mar 24Are Investors Undervaluing Blackline Safety Corp. (CVE:BLN) By 43%?
Mar 01Don't Ignore The Fact That This Insider Just Sold Some Shares In Blackline Safety Corp. (CVE:BLN)
Jan 07
Is Blackline Safety Corp. (CVE:BLN) Popular Amongst Insiders?
Jan 04Have Insiders Been Selling Blackline Safety Corp. (CVE:BLN) Shares?
Dec 08Financial Position Analysis
Short Term Liabilities: BLN's short term assets (CA$74.8M) exceed its short term liabilities (CA$46.0M).
Long Term Liabilities: BLN's short term assets (CA$74.8M) exceed its long term liabilities (CA$33.0M).
Debt to Equity History and Analysis
Debt Level: BLN's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: BLN's debt to equity ratio has increased from 0.9% to 71.4% 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: BLN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BLN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.