Black Iron Balance Sheet Health
Financial Health criteria checks 1/6
Black Iron has a total shareholder equity of $-153.9K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.2M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.10m |
| Equity | -US$153.95k |
| Total liabilities | US$1.32m |
| Total assets | US$1.17m |
Recent financial health updates
Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn Situation
May 12
We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn Rate
Nov 17We Think Black Iron (TSE:BKI) Needs To Drive Business Growth Carefully
Apr 21We Think Black Iron (TSE:BKI) Can Afford To Drive Business Growth
Nov 08Recent updates
Here's Why We're Not Too Worried About Black Iron's (TSE:BKI) Cash Burn Situation
May 12We're A Little Worried About Black Iron's (TSE:BKI) Cash Burn Rate
Nov 17We Think Black Iron (TSE:BKI) Needs To Drive Business Growth Carefully
Apr 21We Think Black Iron (TSE:BKI) Can Afford To Drive Business Growth
Nov 08Financial Position Analysis
Short Term Liabilities: BKI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BKI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BKI is debt free.
Reducing Debt: BKI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: BKI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BKI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.8% each year