Bezant Resources Balance Sheet Health
Financial Health criteria checks 4/6
Bezant Resources has a total shareholder equity of £5.5M and total debt of £590.0K, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are £6.4M and £966.0K respectively.
Key information
10.8%
Debt to equity ratio
UK£590.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£156.00k |
| Equity | UK£5.47m |
| Total liabilities | UK£966.00k |
| Total assets | UK£6.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BN5's short term assets (£198.0K) do not cover its short term liabilities (£966.0K).
Long Term Liabilities: BN5 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BN5's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: BN5's debt to equity ratio has increased from 0% to 10.8% 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: BN5 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BN5 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.