BluMetric Environmental Inc.

TSXV:BLM Stock Report

Market Cap: CA$26.5m

BluMetric Environmental Balance Sheet Health

Financial Health criteria checks 5/6

BluMetric Environmental has a total shareholder equity of CA$12.7M and total debt of CA$438.5K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CA$19.1M and CA$6.4M respectively. BluMetric Environmental's EBIT is CA$1.7M making its interest coverage ratio 7.7. It has cash and short-term investments of CA$2.2M.

Key information

3.4%

Debt to equity ratio

CA$438.52k

Debt

Interest coverage ratio7.7x
CashCA$2.16m
EquityCA$12.74m
Total liabilitiesCA$6.36m
Total assetsCA$19.10m

Recent financial health updates

BluMetric Environmental (CVE:BLM) Has A Rock Solid Balance Sheet

Dec 03
BluMetric Environmental (CVE:BLM) Has A Rock Solid Balance Sheet

Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Jul 30
Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Is BluMetric Environmental (CVE:BLM) Using Too Much Debt?

Apr 30
Is BluMetric Environmental (CVE:BLM) Using Too Much Debt?

Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Jan 30
Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Recent updates

What You Can Learn From BluMetric Environmental Inc.'s (CVE:BLM) P/S

Aug 31
What You Can Learn From BluMetric Environmental Inc.'s (CVE:BLM) P/S

Here's What's Concerning About BluMetric Environmental's (CVE:BLM) Returns On Capital

Jul 19
Here's What's Concerning About BluMetric Environmental's (CVE:BLM) Returns On Capital

Returns On Capital At BluMetric Environmental (CVE:BLM) Paint A Concerning Picture

Apr 12
Returns On Capital At BluMetric Environmental (CVE:BLM) Paint A Concerning Picture

Earnings Not Telling The Story For BluMetric Environmental Inc. (CVE:BLM) After Shares Rise 40%

Feb 14
Earnings Not Telling The Story For BluMetric Environmental Inc. (CVE:BLM) After Shares Rise 40%

Take Care Before Diving Into The Deep End On BluMetric Environmental Inc. (CVE:BLM)

Dec 23
Take Care Before Diving Into The Deep End On BluMetric Environmental Inc. (CVE:BLM)

There Are Reasons To Feel Uneasy About BluMetric Environmental's (CVE:BLM) Returns On Capital

Jul 07
There Are Reasons To Feel Uneasy About BluMetric Environmental's (CVE:BLM) Returns On Capital

BluMetric Environmental (CVE:BLM) Will Be Hoping To Turn Its Returns On Capital Around

Mar 15
BluMetric Environmental (CVE:BLM) Will Be Hoping To Turn Its Returns On Capital Around

BluMetric Environmental (CVE:BLM) Has A Rock Solid Balance Sheet

Dec 03
BluMetric Environmental (CVE:BLM) Has A Rock Solid Balance Sheet

Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Jul 30
Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Is BluMetric Environmental (CVE:BLM) Using Too Much Debt?

Apr 30
Is BluMetric Environmental (CVE:BLM) Using Too Much Debt?

It Looks Like Shareholders Would Probably Approve BluMetric Environmental Inc.'s (CVE:BLM) CEO Compensation Package

Mar 18
It Looks Like Shareholders Would Probably Approve BluMetric Environmental Inc.'s (CVE:BLM) CEO Compensation Package

BluMetric Environmental Inc.'s (CVE:BLM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Mar 06
BluMetric Environmental Inc.'s (CVE:BLM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Jan 30
Is BluMetric Environmental (CVE:BLM) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: BLM's short term assets (CA$15.5M) exceed its short term liabilities (CA$4.2M).

Long Term Liabilities: BLM's short term assets (CA$15.5M) exceed its long term liabilities (CA$2.1M).

Debt to Equity History and Analysis

Debt Level: BLM has more cash than its total debt.

Reducing Debt: BLM's debt to equity ratio has reduced from 70.1% to 3.4% over the past 5 years.

Debt Coverage: BLM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: BLM's interest payments on its debt are well covered by EBIT (7.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 09:25
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BluMetric Environmental Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution