Bridgeline Digital Balance Sheet Health
Financial Health criteria checks 5/6
Bridgeline Digital has a total shareholder equity of $11.1M and total debt of $646.0K, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are $16.6M and $5.5M respectively.
Key information
5.8%
Debt to equity ratio
US$646.00k
Debt
Interest coverage ratio | n/a |
Cash | US$1.41m |
Equity | US$11.08m |
Total liabilities | US$5.53m |
Total assets | US$16.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BL43's short term assets ($3.1M) do not cover its short term liabilities ($4.4M).
Long Term Liabilities: BL43's short term assets ($3.1M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: BL43 has more cash than its total debt.
Reducing Debt: BL43's debt to equity ratio has reduced from 64.4% to 5.8% 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: BL43 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BL43 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 27.8% each year.