Blue Star Gold Balance Sheet Health
Financial Health criteria checks 6/6
Blue Star Gold has a total shareholder equity of CA$30.2M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CA$32.7M and CA$2.5M respectively.
Key information
5.7%
Debt to equity ratio
CA$1.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.25m |
| Equity | CA$30.16m |
| Total liabilities | CA$2.51m |
| Total assets | CA$32.67m |
Financial Position Analysis
Short Term Liabilities: BAU's short term assets (CA$3.4M) exceed its short term liabilities (CA$478.9K).
Long Term Liabilities: BAU's short term assets (CA$3.4M) exceed its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: BAU has more cash than its total debt.
Reducing Debt: BAU's debt to equity ratio has reduced from 24.4% to 5.7% 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: BAU has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BAU is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.