Bluestone Resources Balance Sheet Health
Financial Health criteria checks 0/6
Bluestone Resources has a total shareholder equity of $26.9M and total debt of $12.0M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are $54.3M and $27.4M respectively.
Key information
44.6%
Debt to equity ratio
US$12.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$708.59k |
| Equity | US$26.91m |
| Total liabilities | US$27.43m |
| Total assets | US$54.35m |
Recent financial health updates
Here's Why Bluestone Resources (CVE:BSR) Can Afford Some Debt
May 03
Is Bluestone Resources (CVE:BSR) Weighed On By Its Debt Load?
Jan 02Bluestone Resources (CVE:BSR) Is Carrying A Fair Bit Of Debt
Sep 19Bluestone Resources (CVE:BSR) Is Making Moderate Use Of Debt
Jun 02Does Bluestone Resources (CVE:BSR) Have A Healthy Balance Sheet?
Nov 17Will Bluestone Resources (CVE:BSR) Spend Its Cash Wisely?
Nov 11Recent updates
Here's Why Bluestone Resources (CVE:BSR) Can Afford Some Debt
May 03Is Bluestone Resources (CVE:BSR) Weighed On By Its Debt Load?
Jan 02Bluestone Resources (CVE:BSR) Is Carrying A Fair Bit Of Debt
Sep 19Bluestone Resources (CVE:BSR) Is Making Moderate Use Of Debt
Jun 02Does Bluestone Resources (CVE:BSR) Have A Healthy Balance Sheet?
Nov 17Will Bluestone Resources (CVE:BSR) Spend Its Cash Wisely?
Nov 11Is Bluestone Resources (CVE:BSR) In A Good Position To Invest In Growth?
Jul 13We Think Bluestone Resources (CVE:BSR) Can Afford To Drive Business Growth
Mar 06Have Insiders Been Buying Bluestone Resources Inc. (CVE:BSR) Shares This Year?
Jan 30Do Institutions Own Bluestone Resources Inc. (CVE:BSR) Shares?
Dec 26Financial Position Analysis
Short Term Liabilities: BSR's short term assets ($1.2M) do not cover its short term liabilities ($3.7M).
Long Term Liabilities: BSR's short term assets ($1.2M) do not cover its long term liabilities ($23.7M).
Debt to Equity History and Analysis
Debt Level: BSR's net debt to equity ratio (42%) is considered high.
Reducing Debt: BSR's debt to equity ratio has increased from 0% to 44.6% 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: BSR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BSR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2% each year