Blender Bites Balance Sheet Health
Financial Health criteria checks 3/6
Blender Bites has a total shareholder equity of CA$6.0M and total debt of CA$37.3K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CA$7.6M and CA$1.7M respectively.
Key information
0.6%
Debt to equity ratio
CA$37.32k
Debt
Interest coverage ratio | n/a |
Cash | CA$139.69k |
Equity | CA$5.97m |
Total liabilities | CA$1.67m |
Total assets | CA$7.64m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BITE's short term assets (CA$2.5M) exceed its short term liabilities (CA$1.7M).
Long Term Liabilities: BITE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BITE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BITE's debt to equity ratio has reduced 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: BITE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BITE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.6% each year