Bluesky Digital Assets Balance Sheet Health
Financial Health criteria checks 5/6
Bluesky Digital Assets has a total shareholder equity of CA$641.6K and total debt of CA$111.0K, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CA$1.7M and CA$1.1M respectively.
Key information
17.3%
Debt to equity ratio
CA$110.97k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$61.61k |
| Equity | CA$641.58k |
| Total liabilities | CA$1.06m |
| Total assets | CA$1.70m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BTC's short term assets (CA$498.5K) do not cover its short term liabilities (CA$775.6K).
Long Term Liabilities: BTC's short term assets (CA$498.5K) exceed its long term liabilities (CA$284.1K).
Debt to Equity History and Analysis
Debt Level: BTC's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: BTC's debt to equity ratio has reduced from 45% to 17.3% 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 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BTC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.