Bluestone Resources Balance Sheet Health
Financial Health criteria checks 0/6
Bluestone Resources has a total shareholder equity of $22.5M and total debt of $17.0M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are $54.8M and $32.3M respectively.
Key information
75.6%
Debt to equity ratio
US$17.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.43m |
| Equity | US$22.49m |
| Total liabilities | US$32.27m |
| Total assets | US$54.76m |
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 ($1.8M) do not cover its short term liabilities ($21.0M).
Long Term Liabilities: BSR's short term assets ($1.8M) do not cover its long term liabilities ($11.2M).
Debt to Equity History and Analysis
Debt Level: BSR's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: BSR's debt to equity ratio has increased from 0% to 75.6% 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 grow at historical rates of 9.9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:26 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bluestone Resources Inc. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Mackenzie | Canaccord Genuity |
| Kerry Smith | Haywood Securities Inc. |
| David Medilek | Macquarie Research |