Bluestone Resources Balance Sheet Health
Financial Health criteria checks 0/6
Bluestone Resources has a total shareholder equity of $23.6M and total debt of $15.0M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are $54.1M and $30.5M respectively.
Key information
63.5%
Debt to equity ratio
US$15.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$779.45k |
| Equity | US$23.62m |
| Total liabilities | US$30.45m |
| Total assets | US$54.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IX9D's short term assets ($1.0M) do not cover its short term liabilities ($19.0M).
Long Term Liabilities: IX9D's short term assets ($1.0M) do not cover its long term liabilities ($11.5M).
Debt to Equity History and Analysis
Debt Level: IX9D's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: IX9D's debt to equity ratio has increased from 0% to 63.5% 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: IX9D has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IX9D has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.6% each year.