Blackstone Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Blackstone Minerals has a total shareholder equity of A$22.0M and total debt of A$2.8M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are A$28.4M and A$6.4M respectively.
Key information
12.7%
Debt to equity ratio
AU$2.80m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.02m |
Equity | AU$21.99m |
Total liabilities | AU$6.40m |
Total assets | AU$28.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B9S's short term assets (A$7.2M) exceed its short term liabilities (A$5.8M).
Long Term Liabilities: B9S's short term assets (A$7.2M) exceed its long term liabilities (A$566.7K).
Debt to Equity History and Analysis
Debt Level: B9S has more cash than its total debt.
Reducing Debt: B9S's debt to equity ratio has increased from 0% to 12.7% 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: B9S has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: B9S is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.