BlueBet Holdings Balance Sheet Health
Financial Health criteria checks 5/6
BlueBet Holdings has a total shareholder equity of A$3.4M and total debt of A$174.0K, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are A$37.5M and A$34.1M respectively.
Key information
5.1%
Debt to equity ratio
AU$174.00k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$24.49m |
| Equity | AU$3.43m |
| Total liabilities | AU$34.08m |
| Total assets | AU$37.51m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 9RT's short term assets (A$27.0M) exceed its short term liabilities (A$19.3M).
Long Term Liabilities: 9RT's short term assets (A$27.0M) exceed its long term liabilities (A$14.8M).
Debt to Equity History and Analysis
Debt Level: 9RT has more cash than its total debt.
Reducing Debt: 9RT 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: 9RT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 9RT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.