Blender Bites Balance Sheet Health
Financial Health criteria checks 3/6
Blender Bites has a total shareholder equity of CA$5.5M and total debt of CA$2.0M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are CA$9.1M and CA$3.6M respectively.
Key information
37.1%
Debt to equity ratio
CA$2.04m
Debt
Interest coverage ratio | n/a |
Cash | CA$448.10k |
Equity | CA$5.50m |
Total liabilities | CA$3.61m |
Total assets | CA$9.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JL4's short term assets (CA$3.9M) exceed its short term liabilities (CA$3.6M).
Long Term Liabilities: JL4 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JL4's net debt to equity ratio (28.9%) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JL4 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.4% each year