Blende Silver Balance Sheet Health
Financial Health criteria checks 5/6
Blende Silver has a total shareholder equity of CA$2.5M and total debt of CA$205.1K, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CA$3.2M and CA$744.5K respectively. Blende Silver's EBIT is CA$868.0 making its interest coverage ratio 0.8. It has cash and short-term investments of CA$476.0.
Key information
8.3%
Debt to equity ratio
CA$205.12k
Debt
| Interest coverage ratio | 0.8x |
| Cash | CA$476.00 |
| Equity | CA$2.46m |
| Total liabilities | CA$744.49k |
| Total assets | CA$3.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCW1's short term assets (CA$14.6K) do not cover its short term liabilities (CA$744.5K).
Long Term Liabilities: BCW1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BCW1's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: BCW1's debt to equity ratio has reduced from 72.5% to 8.3% 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: Whilst unprofitable BCW1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BCW1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.4% per year.