Bluestone Resources Balance Sheet Health
Financial Health criteria checks 0/6
Bluestone Resources has a total shareholder equity of $23.6M and total debt of $15.0M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are $54.1M and $30.5M respectively.
Key information
63.5%
Debt to equity ratio
US$15.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$779.45k |
| Equity | US$23.62m |
| Total liabilities | US$30.45m |
| Total assets | US$54.07m |
Recent financial health updates
Is Bluestone Resources (CVE:BSR) Using Too Much Debt?
Aug 29
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 17Recent updates
Is Bluestone Resources (CVE:BSR) Using Too Much Debt?
Aug 29Here'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 ($1.0M) do not cover its short term liabilities ($19.0M).
Long Term Liabilities: BSR's short term assets ($1.0M) do not cover its long term liabilities ($11.5M).
Debt to Equity History and Analysis
Debt Level: BSR's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: BSR's debt to equity ratio has increased from 0% to 63.5% 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 grow at historical rates of 7.6% each year.