Bluebird Mining Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Bluebird Mining Ventures has a total shareholder equity of $18.8M and total debt of $429.6K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are $20.0M and $1.2M respectively.
Key information
2.3%
Debt to equity ratio
US$429.58k
Debt
| Interest coverage ratio | n/a |
| Cash | US$72.61k |
| Equity | US$18.80m |
| Total liabilities | US$1.18m |
| Total assets | US$19.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 09D's short term assets ($89.1K) do not cover its short term liabilities ($1.2M).
Long Term Liabilities: 09D has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 09D's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 09D's debt to equity ratio has reduced from 48.4% to 2.3% 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: 09D has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 09D is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.