Black Iron Balance Sheet Health

Financial Health criteria checks 1/6

Black Iron has a total shareholder equity of $-1.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $269.5K and $1.4M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$244.89k
Equity-US$1.10m
Total liabilitiesUS$1.37m
Total assetsUS$269.52k

Recent financial health updates

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Recent updates

Financial Position Analysis

Short Term Liabilities: BIN has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BIN has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BIN is debt free.

Reducing Debt: BIN's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: BIN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BIN has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.7% each year.


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