Blue Horizon Global Capital Balance Sheet Health
Financial Health criteria checks 4/6
Blue Horizon Global Capital has a total shareholder equity of CA$151.9K and total debt of CA$202.6K, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are CA$906.3K and CA$754.4K respectively.
Key information
133.4%
Debt to equity ratio
CA$202.60k
Debt
Interest coverage ratio | n/a |
Cash | CA$62.54k |
Equity | CA$151.92k |
Total liabilities | CA$754.35k |
Total assets | CA$906.27k |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHCC's short term assets (CA$487.6K) do not cover its short term liabilities (CA$694.4K).
Long Term Liabilities: BHCC's short term assets (CA$487.6K) exceed its long term liabilities (CA$60.0K).
Debt to Equity History and Analysis
Debt Level: BHCC's net debt to equity ratio (92.2%) is considered high.
Reducing Debt: BHCC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BHCC has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BHCC is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.