Blue Hat Interactive Entertainment Technology Balance Sheet Health
Financial Health criteria checks 4/6
Blue Hat Interactive Entertainment Technology has a total shareholder equity of $40.6M and total debt of $1.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are $49.3M and $8.6M respectively.
Key information
2.7%
Debt to equity ratio
US$1.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$407.59k |
| Equity | US$40.62m |
| Total liabilities | US$8.64m |
| Total assets | US$49.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4Y80's short term assets ($39.3M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: 4Y80's short term assets ($39.3M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: 4Y80's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 4Y80's debt to equity ratio has reduced from 11.7% to 2.7% 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: 4Y80 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4Y80 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.4% each year