Bluesky Digital Assets Balance Sheet Health
Financial Health criteria checks 3/6
Bluesky Digital Assets has a total shareholder equity of CA$276.7K and total debt of CA$60.0K, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CA$1.6M and CA$1.4M respectively.
Key information
21.7%
Debt to equity ratio
CA$60.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$74.98k |
| Equity | CA$276.68k |
| Total liabilities | CA$1.35m |
| Total assets | CA$1.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTC.PR.A's short term assets (CA$454.0K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: BTC.PR.A's short term assets (CA$454.0K) exceed its long term liabilities (CA$307.1K).
Debt to Equity History and Analysis
Debt Level: BTC.PR.A has more cash than its total debt.
Reducing Debt: BTC.PR.A's debt to equity ratio has reduced from 120.3% to 21.7% 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: BTC.PR.A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTC.PR.A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.1% each year