Blender Bites Balance Sheet Health
Financial Health criteria checks 4/6
Blender Bites has a total shareholder equity of CA$4.3M and total debt of CA$2.0M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CA$8.9M and CA$4.6M respectively.
Key information
47.2%
Debt to equity ratio
CA$2.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$350.50k |
| Equity | CA$4.32m |
| Total liabilities | CA$4.56m |
| Total assets | CA$8.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JL4's short term assets (CA$3.7M) do not cover its short term liabilities (CA$4.6M).
Long Term Liabilities: JL4 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JL4's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JL4's debt to equity ratio has reduced 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: JL4 has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: JL4 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.