Cryptoblox Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Cryptoblox Technologies has a total shareholder equity of CA$7.8M and total debt of CA$55.9K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CA$14.7M and CA$6.9M respectively.
Key information
0.7%
Debt to equity ratio
CA$55.89k
Debt
Interest coverage ratio | n/a |
Cash | CA$3.42k |
Equity | CA$7.80m |
Total liabilities | CA$6.91m |
Total assets | CA$14.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLOX's short term assets (CA$3.1M) do not cover its short term liabilities (CA$6.9M).
Long Term Liabilities: BLOX's short term assets (CA$3.1M) exceed its long term liabilities (CA$55.9K).
Debt to Equity History and Analysis
Debt Level: BLOX's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: BLOX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BLOX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLOX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.9% each year