Blackline Safety Balance Sheet Health

Financial Health criteria checks 4/6

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 ration/a
CashCA$15.93m
EquityCA$28.13m
Total liabilitiesCA$79.07m
Total assetsCA$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
Blackline Safety Corp. (TSE:BLN) Analysts Are Pretty Bullish On The Stock After Recent Results

Is Blackline Safety Corp. (TSE:BLN) Trading At A 46% Discount?

Jan 04
Is Blackline Safety Corp. (TSE:BLN) Trading At A 46% Discount?

Is Blackline Safety (TSE:BLN) Using Debt In A Risky Way?

Oct 19
Is Blackline Safety (TSE:BLN) Using Debt In A Risky Way?

Is There An Opportunity With Blackline Safety Corp.'s (TSE:BLN) 48% Undervaluation?

Jul 29
Is There An Opportunity With Blackline Safety Corp.'s (TSE:BLN) 48% Undervaluation?

It May Be Possible That Blackline Safety Corp.'s (TSE:BLN) CEO Compensation Could Get Bumped Up

Mar 16
It May Be Possible That Blackline Safety Corp.'s (TSE:BLN) CEO Compensation Could Get Bumped Up

Here's Why Blackline Safety Corp.'s (CVE:BLN) CEO May Deserve A Raise

Mar 24
Here's Why Blackline Safety Corp.'s (CVE:BLN) CEO May Deserve A Raise

Are Investors Undervaluing Blackline Safety Corp. (CVE:BLN) By 43%?

Mar 01
Are Investors Undervaluing Blackline Safety Corp. (CVE:BLN) By 43%?

Don't Ignore The Fact That This Insider Just Sold Some Shares In Blackline Safety Corp. (CVE:BLN)

Jan 07
Don't Ignore The Fact That This Insider Just Sold Some Shares In Blackline Safety Corp. (CVE:BLN)

Is Blackline Safety Corp. (CVE:BLN) Popular Amongst Insiders?

Jan 04
Is Blackline Safety Corp. (CVE:BLN) Popular Amongst Insiders?

Have Insiders Been Selling Blackline Safety Corp. (CVE:BLN) Shares?

Dec 08
Have Insiders Been Selling Blackline Safety Corp. (CVE:BLN) Shares?

Financial 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 sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.

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.


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