Bluebird Mining Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Bluebird Mining Ventures has a total shareholder equity of $19.3M and total debt of $353.3K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are $20.1M and $794.8K respectively.
Key information
1.8%
Debt to equity ratio
US$353.30k
Debt
| Interest coverage ratio | n/a |
| Cash | US$269.85k |
| Equity | US$19.35m |
| Total liabilities | US$794.80k |
| Total assets | US$20.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 09D's short term assets ($325.6K) do not cover its short term liabilities ($794.8K).
Long Term Liabilities: 09D has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 09D's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 09D's debt to equity ratio has reduced from 57.4% to 1.8% over the past 5 years.
Debt Coverage: 09D's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 09D's interest payments on its debt are well covered by EBIT.